ITC definition

ITC. (this Section2 of the RFP) means the Instructions to Consultants that provides the Consultants with all information needed to prepare their Proposals.
ITC means an investment tax credit pursuant to Code Sections 38(b)(1), 46 and 48(a).
ITC means the investment tax credit established pursuant to Section 48 of the United States Internal Revenue Code of 1986.

Examples of ITC in a sentence

  • Further, if the ITC is delayed / denied to MDL / reversed subsequently as per GST Laws due to non / delayed receipt of goods and / or services and / or tax invoice or expiry of timelines prescribed in GST Laws for availing ITC, non-payment of taxes or non-filing of returns or any other reason not attributable to MDL, Supplier /Contractor shall pay any loss of amount along with interest and penalty on MDL under GST Laws for the number of days the ITC was delayed.

  • Supplier /Contractor shall pay penalty and/ or interest imposed on MDL or any loss due to delay in availing ITC by MDL or any loss of ITC to MDL due to errors by vendors at any stage.

  • In case, MDL is unable to avail ITC, supplier/contractor at their own cost shall rectify the shortcoming in the returns to be filed immediately thereafter.


More Definitions of ITC

ITC. (this Section2 of the RFP) means the Instructions to Consultants that provides the
ITC means the Oregon State Hospital’s (OSH) Psychology Internship Program’s (OSH-PIP) Internship Training Committee. The ITC consists of licensed doctoral psychologists, and licensed-eligible persons. The ITC assists the Training Director(s) with development, oversight, and evaluation of the internship program; this includes the development and implementation of policies as well as intern selection.
ITC means the federal investment tax credit of 15% in respect of an eligible individual’s “flow-through mining expenditure” as defined in subsection 127(9) of the Tax Act.
ITC means the tax credit for “energy property” described in Section 48(a)(3)(A)(i) and 48(a)(5) of the Internal Revenue Code of 1986, as it may be amended or supplemented from time to time.
ITC. (this Section 3 of the RFP) means the Instructions to Consultants that, along with other Sections, provides the Consultants with all information needed to prepare their Proposals.
ITC means the Initial Test of Competence, a qualifying examination set by the Examinations Committee of SAICA as one of the prerequisites for registration as a CA(SA);
ITC means the energy tax credit under Section 48 of the Code.