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- Whether input tax credit on works contract for immovable property is disallowed even if not capitalized in the books ?
Whether input tax credit on works contract for immovable property is disallowed even if not capitalized in the books ?
TRT-2025-260
Issue Favourable to Tax Payer ?:- no
Held - We find that capitalization of expenditure depends on the nature of expenditure and the period of benefit from such expenditure. However, th.....
