Section 39 in The Income Tax Act, 2025
39. Computation of actual cost. (1) The actual cost of an asset used for the purposes ... goods and services tax paid in respect of which credit of input tax has been claimed and allowed under the relevant law; (c) duty
shall be computed separately for input tax credit of central tax, State tax, Union territory tax and integrated tax and declared in FORM GSTR ... shall be computed separately for input tax credit of central tax, State tax, Union territory tax and integrated tax. (4) Where any capital goods
input tax credit in respect of inputs or input services and reversal thereof.
(1) The input tax credit in respect of inputs or input services ... shall be computed separately for input tax credit of central tax, State tax, Union territory tax and integrated tax and declared in Form GSTR
means input tax credit availed on inputs and input services during the relevant period other than the input tax credit availed for which refund ... shall mean input tax credit availed on inputs during the relevant period other than the input tax credit availed for which refund is claimed under
Goods and Services Tax Network: (a) On the basis of the above ledgers provided by Goods and Services Tax Network for every month, the Central ... tax nodal authorities shall reconcile the details of the payments received, Input Tax Credit cross-utilisation and apportionment details received from Goods and Services Tax
manufacturing, processing, packing of other goods for sale; (v) "input tax" means tax on inputs paid or payable; (w) "Joint Commissioner" means any person appointed ... goods on which no tax is chargeable but credit for the input tax related to such sales is allowable
common portal. (7) An auto-drafted statement containing the details of input tax credit shall be made available to the registered person in FORM GSTR ... section 14 of the Integrated Goods and Services Tax Act, 2017 or an Input Service Distributor or a nonresident taxable person or a person paying
credit ledger, credit of the value added tax and entry tax, if any, in respect of inputs held in stock and inputs contained in semi ... amount of credit of the value added tax and entry tax, if any, in respect of inputs held in stock and inputs contained in semi
appointed day.
(1) Every registered person entitled to take credit of input tax under section 140 shall, within ninety days of the appointed day, submit ... amount of eligible taxes and duties or, as the case may be, the value added tax [or entry tax] charged by the supplier in respect
person paying tax under section 10, shall keep and maintain an account, containing the details of tax payable (including tax payable in accordance with ... section (4) of section 9), tax collected and paid, input tax, input tax credit claimed, together with a register of tax invoice, credit notes, debit
