Input Tax Credit Denied for Employee Housing Costs: No ITC on Goods/Services for Maintenance of Residential Accommodation.

Input Tax Credit Denied for Employee Housing Costs: No ITC on Goods/Services for Maintenance of Residential Accommodation. https://www.taxtmi.com/highlights?id=44771 Input Tax credit (ITC) - provision of housing to its employees by the assessee is nothing but a perquisite - ITC shall not be allowed in respect of tax paid on goods and services procured by it for management, repair, renovation, alteration or maintenance services pertaining to residential accommodation for its employees in township/colony. en-us Wed, 27 Feb 2019 12:12:40 +0530 Wed, 27 Feb 2019 12:12:40 +0530 TaxTMI RSS Generator Input Tax Credit Denied for Employee Housing Costs: No ITC on Goods/Services for Maintenance of Residential Accommodation. https://www.taxtmi.com/highlights?id=44771 Input Tax credit (ITC) - provision of housing to its employees by the assessee is nothing but a perquisite - ITC shall not be allowed in respect of tax paid on goods and services procured by it for management, repair, renovation, alteration or maintenance services pertaining to residential accommodation for its employees in township/colony. Highlights GST Wed, 27 Feb 2019 12:12:40 +0530 https://www.taxtmi.com/highlights?id=44771