I request you to please make detailed video on the dedicated syllabus of Income tax departmental examination. It will be very beneficial for us who are appearing in ITI or ITO departmental exams.
my question is - we take ITC of input which is used in finished goods, but according to sec 18 (1) (a) we entitled to take credit of input tax in respect of finished goods & defination of input tax defines- tax paid on supply of goods as well as services is called input tax, so my question is can we take ITC of direct exp.(services) related to finished goods held in stock, also can we take ITC of capital goods which is used for directly for manufacturing finished goods. & for service org. is any preceding ITC available on exp. which is directly related to supply of that service org. when he become liable to registerd.
you are best teacher in my life
nys. sirji
Salute you & your association , Really you are Star of India Sky, Give always positive energy to Students without any charge. God Bless you.
VERY USEFUL LECTURES I COMPLETED MY CS EXECUTIVE(PURSUING FINAL ) ONLY WITH THE HELP OF BADLANI SIR
I request you to please make detailed video on the dedicated syllabus of Income tax departmental examination. It will be very beneficial for us who are appearing in ITI or ITO departmental exams.
my question is - we take ITC of input which is used in finished goods, but according to sec 18 (1) (a) we entitled to take credit of input tax in respect of finished goods & defination of input tax defines- tax paid on supply of goods as well as services is called input tax, so my question is can we take ITC of direct exp.(services) related to finished goods held in stock, also can we take ITC of capital goods which is used for directly for manufacturing finished goods. & for service org. is any preceding ITC available on exp. which is directly related to supply of that service org. when he become liable to registerd.
Yes, u can but get the detailed study of those provisions and rules first. Thank You
Sir salary ka 4th lacture nhi hai kya?