IF I HAVE CLAIMED WRONG CREDIT AND HAVE PARTLY UTILISED THE SAME
NOW AT TIME OF REVERSAL I NEED TO PAY INTEREST @ 24 PERCENT ON ENTIRE AMOUNT OR THE AMOUNT I HAVE UTILISED??
EG
WRONG CREDIT CLAIMED 24000/-
UTILISED 10,000/-
TAX ON ONLY 10,000 OR ENTIRE 24,000/-
CAclubindia
