Tax paid by contractee on goods supplied to contractor, is allowable as ITC to such contractor0 comments Thursday, May 26, 2011The Punjab & Haryana High Court has held in an important case namely Lajpat Rai Chanana V State of Haryana & others (2011) 38 PHT 390 (P&H) that input tax credit to a works contractor executing the works contract will be justified if the contractee has already paid the tax on the goods supplied by him to the contractor.
Subscribe to:
Posts
(
Atom
)
Featured PostTCS to apply only on cash portion of sales transaction CBDT clarifiesWelcome clarification by CBDT on TCS on Cash Sale. CBDT vide Circular No. 23/2016 dt. 24 June 2016 has clarified on FAQs of stakeholde... ![]() Category
![]() Popular Posts
![]() About MeBlog Archive
![]() WARNING
Nobody is permitted to copy or publish the articles existing on this blog on any website or on any other media without my express permission. ![]() Disclaimer
No one is responsible for any claims if somebody finds that the information/opinions provided in this blog is incorrect and the blog is meant only to share knowledge and exchange views in a meaningful manner.
![]() Useful Links
Powered by Blogger.
![]() |