Input tax claim on fixed asset

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Aadhawan (Querist)
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17 May 2019 in our company claimed input tax credit on fixed asset as per internal auditor . but unfortunately wrong claimed depreciation on same fixed asset in as per income tax act . and filed income tax return . now what i do?
what is the clear provision for claim ITC and depreciation for fixed asset . how much limit for 1st year and 2nd year as per the GST??????

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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18 May 2019 Claim ITC on fixed asset over a period of 60 months excluding building.
Claim depreciation excluding GST on which ITC is claimed.

Aadhawan

Aadhawan (Querist)
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18 May 2019 thank you sir but one more question i dont know over the period of 60 month means how to claim can you elaborate

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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19 May 2019 Claim ITC every month for 60 months.

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