https://www.taxtmi.com/forum/issue?id=118013 ITC on professional fees for share buybacks or issuances is claimable where those fees constitute taxable services facilitating securities transactions and are used or intended to be used in the course or furtherance of business. The inclusive definition of business, which covers activities incidental or ancillary to commercial activity, supports treating buyback/issuance-related services as business expenditure eligible for input tax credit, subject to factual variation and interpretive dispute. en-us Mon, 27 Jun 2022 15:02:04 +0530 Thu, 23 Jan 2025 15:54:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118013 ITC on professional fees for share buybacks or issuances is claimable where those fees constitute taxable services facilitating securities transactions and are used or intended to be used in the course or furtherance of business. The inclusive definition of business, which covers activities incidental or ancillary to commercial activity, supports treating buyback/issuance-related services as business expenditure eligible for input tax credit, subject to factual variation and interpretive dispute. Discussion-Forum GST Mon, 27 Jun 2022 15:02:04 +0530 https://www.taxtmi.com/forum/issue?id=118013