Input credit

Indirect Taxation

Why output tax is charged when van used for directors travel is sold and depreciation under income tax act is claimed and not ITC was taken on the same

adithya thushar

CA Final

★ 3K+

08-Jan-26 11:26

163

Answers (2)

GST will apply on difference between sale value and depreciated value under Income Tax.

Shiva Teja

Faculty

16-Jan-26 16:55

Thank you sir

Thread Starter

adithya thushar

CA Final

★ 3K+

16-Jan-26 22:08