Ineligible ITC/Reversal of ITC Ineligible ITC u/s17 (5)
This query is : Resolved
Quick Summary
02 September 2020
I want to know ineligible ITC under section 17(5)
can i book ineligible ITC under section 17( 5) as a expenses part while booking journal entry
or
First book input and latter reverse the same.
can i book ineligible ITC under section 17( 5) as a expenses part while booking journal entry
or
First book input and latter reverse the same.
02 September 2020
Yes, book ineligible ITC under section 17( 5) as a expenses part while booking journal entry.
03 September 2020
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