alleryStart learning →Works contract ITC for immovable property is allowed only as what?
AOwner's own office cost
BA personal builder service
CInput for works contract supply
DA one-time capital expense
Answer & Solution
Correct answer: C. Input for works contract supply
Section 17(5)(c) blocks credit on works contract for immovable property other than plant and machinery, except where it is an input service for further supply of works contract service.
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Related questions
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