ICICI

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Application of LUT

This query is : Resolved 

Dear Experts ,

My query is regarding LUT (Letter of Undertaking) Validity or expiry, I wanted to know that when will be expiry of LUT if applied for FY 2020-21 on dated 20th March 2020 (i.e in FY 2019-20), or else company need to apply fresh LUT for FY 2020-21 if it's get expire on 31st March 2020.


Please help me know that.

Company need to apply fresh LUT for FY 2020-21 it's get expire on 31st March 2020.

Revised reply it will expire on 31st March 2021.

FY 19-20 LUT expired on 31st Mar-20. Company will be apply new LUT for FY 20-21. FY 20-21 LUT expire on 31st Mar-21... File new LUT for FY 20-21...

As per notification 16/2017-CT the LUT is to be applied for a financial year. The LUT submitted by you for FY 2020-21 shall be valid upto 31/03/2021 despite the fact that it is submitted on 20/03/2020



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


Similar Resolved Queries


loading