TaxTMI 
TaxTMI 
Hello,
Will ITC be available on construction of swimming pool in hotel or Water Park
Input tax credit on swimming pool
07 Apr 2025 
10 Replies 
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ITC availability on construction of swimming pools may be blocked where pools are classed as immovable property after statutory amendment.
Availability of input tax credit on construction of a swimming pool depends on whether the pool is treated as immovable property or qualifies as plant and machinery; a retrospective amendment to Section 17(5)(d) has expanded the statutory bar on ITC for immovable property, reducing reliance on earlier judicial tests and likely causing departments to deny credit for pools and similar civil structures despite business use. (AI Summary)
Availability of input tax credit on construction of a swimming pool depends on whether the pool is treated as immovable property or qualifies as plant and machinery; a retrospective amendment to Section 17(5)(d) has expanded the statutory bar on ITC for immovable property, reducing reliance on earlier judicial tests and likely causing departments to deny credit for pools and similar civil structures despite business use. (AI Summary)