Time barred ITC reversal of previous year.
Parth Mehta (47 Points)
25 April 2024or
is it disallowed under prior period expense ?
kindly answer with relevant provisions.
Parth Mehta (47 Points)
25 April 2024
Jobin John Mathew
(Finance Manager)
(8 Points)
Replied 26 April 2024
Yes , Its allowed as Expense in the current year.
Refer the attached Article
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"