ITC on construction of commercial property to be given on rental basis

Dear sir,

We are builder developers giving contract to various contractors for construction of commercial property eventually to be given on renting to office seekers/retails/banking etc.

We will engage contractor for the following:

Land & TDR cost

Consultancy for approvals

Excavation

RCC

Waterproofing

Electrical, Plumbing & Mechanical works

HVAC, Fire fighting/alarm work

Escalators/elevators

Other services, Interior finishes (Tiling, painting etc) & Builing facade work & External development work (landscaping, garden etc.).

On all of the above which of the ITC can be availed and utilised against our renting income post construction.

Thanks

Hiten Shah