Menu
Input tax on proforma invoice
hi, we take input tax credit both on the proforma invoice and a tax invoice in Feb 2021, how we correct it.
Replies (5)
Reverse the ITC you have taken
Reverse that ITC in next month
Proformas and actual tax invoice is seperate.
Reverse the excess ITC in current month along with interest payment.
Pass a credit note for the proforma invoice part.
Recent Topic
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
- Return filing for intervening period upto date of
- EPF Withdrawal taxation
- While e filing otp not generating
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
Related Topics
CAclubindia
