Can B ltd take service tax credit on phone bill, when B ltd take a premises on rent from A ltd and bill also made on A ltd.
Lalit Nyati (Student) (487 Points)
23 May 2013Can B ltd take service tax credit on phone bill, when B ltd take a premises on rent from A ltd and bill also made on A ltd.
Sanyam Jain
(Blogger)
(237 Points)
Replied 23 May 2013
No provision is required because the bill in not in the name of the assessee who is desirous to take credit, so credit cannot be taken by B ltd.
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