Regarding Income Tax Return F.Y. 2020-2021
This query is : Resolved
mangesh chitnis
(Querist)
25 April 2022
We had provided an expenses invoice with GST in FY 20-21. But due to some disputes we didn't paid him for the charges nor taken GST credit. Even he also didn't accounted that invoice. Further disputes were settled & he issued same invoice in FY 21-22 but in mean while we missed to remove entries in FY 20-21 & filed ITR. Now what we must do to settle his account as we are considering invoice in FY 20-21 & he is considering in FY 21-22 (as per IT angle as well as GST angle)
Please suggest
Regards.
Please suggest
Regards.
CA R SEETHARAMAN
(Expert)
25 April 2022
IT already passed entry don't disturb.
In GST consider it in FY 2021-22 and claim ITC.
Difference show it in reconciliation.
In GST consider it in FY 2021-22 and claim ITC.
Difference show it in reconciliation.
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