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Solar used for domestic household purpose

10 January 2024

I am planning to install solar system for my domestic household purpose..... whether I can claim ITC or whether Depreciation is allowed....???

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10 Replies

Sharath chandra (Accountant) (1220 Points)
Replied 10 January 2024

Are you a proprietor or ... registered as any other person?

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DIPAK PATEL (5 Points)
Replied 10 January 2024

I am the proprietor of my concern......

sabyasachi mukherjee (27029 Points)
Replied 10 January 2024

Solar used for domestic and hou
ehold purpose not fir business you cannot claim input tax credit.

DIPAK PATEL (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...!!!") (127875 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...

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Suresh Kumar (Account) (403 Points)
Replied 10 January 2024

Cannot claim ITC as per section 17(5) of CGST Act

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sabyasachi mukherjee (27029 Points)
Replied 17 January 2024

Here sec 17(5) is not applicable.

RAJA P M ("Do the Right Thing...!!!") (127875 Points)
Replied 17 January 2024

It's not possible to understand by You Mr Sabyasachi Mukherjee...

Bcoz, It's GST rules and regulations...

sabyasachi mukherjee (27029 Points)
Replied 17 January 2024

Read the relevant section and respond. It's not necessary to be responsive like that.

RAJA P M ("Do the Right Thing...!!!") (127875 Points)
Replied 17 January 2024

First You read the query after that write related to the query...

Don't write Your KG class rhymes again and again...

Read the noted section with carefully...

Don't react without knowing any of the details in forum...

please avoid such activities...