Is interest on interest is charged on wrongly claimed ITC reversed in next financial year?
Ritik Chopra (student) (8123 Points)
02 April 2021Is interest on interest is charged on wrongly claimed ITC reversed in next financial year?
CA. Sourav Sarkar
(Chartered Accountant )
(24578 Points)
Replied 02 April 2021
CA Rashmi Gandhi
(Chartered Accountant)
(86285 Points)
Replied 04 April 2021
Interest not charged on interest.
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