ITC ADJUSTMENT
Vamshi Krishna (40 Points)
28 November 2020
can someone adjust his ITC availed in 2020-21 against tax of 2019-20,the return was filed in 2020-21 itself
Vamshi Krishna (40 Points)
28 November 2020
Ankit Dave
(Student CA Final )
(46 Points)
Replied 28 November 2020
Mayank A Jain
(Chartered Accountant)
(968 Points)
Replied 28 November 2020
In the absence of any specific restriction, you can utilize the ITC for payment of output tax liability.
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