Itc On Water Cooler


Manjula Navale
watch_later 3 months ago

Sir, 

If taxpayer is having trading business of readymade garments and purchase Water cooler for his shop, can he claim ITC on purchase of water cooler? 

Thanking you, 

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1 Answer

Basheer PM watch_later 1 month, 3 weeks ago
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ITC can be claimed for the purchase of Assets or Expenses incurred. Water Cooler here is Purchase of Asset. The same must be used in the business premises

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