banner_ad

Bank Charges

257 views 6 replies
If I have shown full amount of Bank Charges in Profit and Loss account under tax audit but now I get know this time there was some part of tax included in Bank Charges so can I claim ITC of tax amount now
Replies (6)
no , you cant take input tax credit due to books finalized in tax audit.
As per Our previous discussion "Better to Leave it if it's wholly booked in PandL account with finalized".
If books are already finalised then it is better for you not to take itc. From April 18 start fresh and ask banker at the end of each month invoice so u also have clear picture
You can take ITC credit as per gst law no matter as ur account gets audited .
Tax audit can be reviesd????
Bcz I have shown own ITC as a expenses....
Good clarification likes


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
29 April 2026
Associate - Audit, Tax & Compliance

Open Co Consulting LLP

New Delhi

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
ARTICLESHIP 27 April 2026
CA Articled Assistant

GM Corporate Solutions

Noida

CA Final

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
03 May 2026
Senior Chartered Accountant

Nirmal Jain & Co

New Delhi

CA

View Details