We have a partnership firm of 2 people. Can we use the Service tax credit of Phone bills that are in the personal names of the partners but being used in business.
Menu
Service tax credit
Replies (1)
Dear Kunal
we can take the cenvat on phone bills even in the name of partners because as per law any service which is used in providind out put sevice is input service and we can take the credit on it.
Recent Topic
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
- Reporting STCG on non equity oriented MF
Related Topics
CAclubindia
