Treatment of Credit Note
This query is : Resolved
01 June 2023
What should be the ideal treatment of Credit Note? Whether it should be deducted from liability or should enhance the ITC?
03 June 2023
It should be deducted from liability.
ITC reversal required.
ITC reversal required.
08 June 2023
Thank you very much for your kind gesture of sharing valuable time
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS applicability in case of software payments to a foreign company
- Taxability with reference to DTAA
- Residential Status of Assessee
- Capital Gain on sale of Listed Equity Shares
- Regarding TDS 194Q w.e.f 1 April 2025
- TDS Rent 94i
- Capital gains -1
- Clarification on Cost of Acquisition and Capital Gains Tax Treatment for Tata Chemicals
- Income Tax Slab Rate and 87A Rebate
- Fixed Deposit through NRO Account
- Logistics business Services Refund can we Received 100%
- Rate of GST On Stock Transfer
- Writing on the bill while release payment
- PAN Allotement
- TDS ON OTA Commission
- GST INVOICE RAISED BY THE FRADULENT COMPANY WITHOUT THE KNOWLEDGE OF THE OTHER PARTY
- First Auditor was not appointed till 9 months
- Filing of forms on MCA portal for allotment of shares for a new company
- RCM Reconciliation Excel Sheets Format
- Goodwill realeted
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
