Can input tax credit be claimed from paint done on machinery
C.A. Sandeep Wawhal
(CA, PGDFM, BCom)
(1831 Points)
Replied 29 August 2011
No tax can be claimed ................
Amit Gupta
(Loosening Myself)
(1508 Points)
Replied 29 August 2011
No.ITC can be claimed only on Input and capital goods which are directly or indirectly related to manufacturing process
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 29 August 2011
| Originally posted by : Amit Gupta | ||
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No.ITC can be claimed only on Input and capital goods which are directly or indirectly related to manufacturing process |
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AGREED
Aparna Raja K.C
(Student)
(520 Points)
Replied 29 August 2011
| Originally posted by : Amit Gupta | ||
|
|
No.ITC can be claimed only on Input and capital goods which are directly or indirectly related to manufacturing process |
|
Agreed :)
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