Whether Company can take ITC of GST on part of Prepaid insurance.
For Example
Insurance Amt 10000plus GST Rs. 1800
Insurance Exp C.Y.. 2500
Prepaid Insurance Rs. 7500
Whether we can take whole credit or partial in above cases
Menu
Whether company can take itc of gst on part of prepaid insur
Replies (2)
you can avail whole credit
not on personal or medical insurance
Recent Topic
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
- Return filing for intervening period upto date of
- EPF Withdrawal taxation
- While e filing otp not generating
Related Topics
CAclubindia
