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Opportunity Finance Ltd., a Non-Banking Financial Company furnishes the following details for the month of June 2020 Interest Income 2,80,00,000 Loan processing fees 16,00,000 Other
Opportunity Finance Ltd., a Non-Banking Financial Company furnishes the following details for the month of June 2020 Interest Income 2,80,00,000 Loan processing fees 16,00,000 Other Incomes 30,00,000 Total Input credit availed during the period 22,00,000 Input credit availed for non business purpose 8,00,000 Opportunity Finance Ltd opted for availing ITC an amount equal to 50% of eligible credit. Calculate the Input Tax Credit available to Opportunity Finance Ltd
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