Solar used for domestic household purpose
DIPAK PATEL (Sago & starch business ) (5 Points)
10 January 2024DIPAK PATEL (Sago & starch business ) (5 Points)
10 January 2024
Sharath chandra
(Accountant)
(1227 Points)
Replied 10 January 2024
DIPAK PATEL
(Sago & starch business )
(5 Points)
Replied 10 January 2024
I am the proprietor of my concern......
sabyasachi mukherjee
(27579 Points)
Replied 10 January 2024
DIPAK PATEL
(Sago & starch business )
(5 Points)
Replied 10 January 2024
Can I claim depreciation for solar used for domestic and house-hold purpose....????
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 10 January 2024
No...
Personal consumption and usage related Depreciation can't be claim in business.
Also ITC is blocked and not available if used in personal consumption...
Suresh Kumar
(Account)
(403 Points)
Replied 10 January 2024
Cannot claim ITC as per section 17(5) of CGST Act
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 17 January 2024
sabyasachi mukherjee
(27579 Points)
Replied 17 January 2024
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 17 January 2024