A division bench of the Bombay High Court comprising Justice MS Sanklecha and Justice MS Sonak has set aside an order of the Maharashtra Appellate Authority for Advance Ruling (AAAR) wherein the authority had held that no input tax credit is available on the purchase of ‘cash carrying’ motor vehicles. The bench was hearing a […]
The post Input Tax Credit available on Cash Carry Vehicles: Bombay HC quashes AAAR Order appeared first on Taxscan | Simplifying Tax Laws.
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