Question

If a taxpayer claims depreciation on the "tax component" of the cost of capital goods under the Income Tax Act, then: 

A They can claim 50% ITC.
B They can claim full ITC.
C No Input Tax Credit (ITC) shall be allowed on the said tax component.
D They can claim ITC but must pay it back in 5 years.
E ITC is allowed only if the asset is used for exports.
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