The Uttarakhand Authority of Advance Rulings (AAR), while disposing an application by Vindhya Telelinks Ltd., held that Input Tax Credit (ITC) is available on ‘Telecom Equipments’ installed on Mobile Towers since they have separate function and does not constitute ‘Telecommunication Towers’ which are classified as immovable property on which ITC is not recoverable. The issue […]
The post ITC recoverable on ‘Telecom Equipments’ installed on Mobile Towers: AAR [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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