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Input tax credit

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(Querist)
22 January 2015 CAN WE TAKE INPUT CREDIT IN CASE OF REVISED RETURN ???
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P V Ram

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P V Ram (Expert)
22 January 2015 Of course! Once a return is revised, it takes the character of original return and all the benefits available to original return will be available for revised return as well provided revision is made within the prescribed time limit.

Thanks!
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Rupesh Jain

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Rupesh Jain (Expert)
22 January 2015 yes you can take input credit as per law there in no restriction under the law.



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Pratima Pandey

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Pratima Pandey (Querist)
24 January 2015 Thanx. But i have read somewhere that, in case of revises return input tax credit can not be taken.
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P V Ram

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P V Ram (Expert)
24 January 2015 There is no such restriction.

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