Itc bimistakely taken
where To be shown for itc taken bimistakely in previous return and now have to reverse that amt in this return
Replies (1)
You may reverse in your books directly through a simple journal voucher and may reduce with 18% rate of interest for succeeding next month itc. & keep the reconciliation in your notes.
Recent Topics :
- Pan surrender via online
- EPFO Portal Issue – Unable to Save Employee
- Plant & Machinary
- ITC reversal after supplier amended the recipient
- 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
Related Topics :
CAclubindia
