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Your Answer

Question ID : 29631

Whether Denotation "F" in Rule No. 42 includes Interest on Fixed Deposit

In case of Co-operative Housing Society, we have to compute allowable input tax credit. For this we referred Rule 42, We have question whether Denotation "F" i.e. Total turnover includes Interest on Fixed Deposit.

Posted by SHARAD PATIL on May 09, 2018

Filed Under GST

Answer ID : 85595

I feel that it is to be included in TO

Posted by SIVADAS CHETTOOR on Jan 16, 2025