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)
Quick Summary
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 Topics :
- GIFTS TO USEFUL CONTACTS ON FESTIVALS INCOME TAX
- INTEREST ON REFUND OF TDS
- Input tax claim related
- User not found in MCA portal
- GST RATE ON FILM PRODUCTION
- Section 54
- Why are foreign investors suddenly buying Indian s
- TDS ON IMMOVABLE PROPERTY - PURCHASE FROM NRI &
- Query to Tax Garden tax consultant
- Subject: Urgent Assistance Required – TRACES
Related Topics :
CAclubindia
