ITC of FY 19 20 not claimed in 3B up to Sept 20. It's claimed in Mar 21 3B.
now we get ASMT 10 - Scrutiny of returns
what to do plz advice
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Quick Summary
If you've received an ASMT 10 notice regarding Input Tax Credit (ITC) for FY 19-20 that wasn't claimed by September 2020 and was later claimed in March 2021, you need to address the scrutiny of returns. The advice suggests that ITC for FY 19-20 could only be availed up to September 2020. It's recommended to consult an expert and pay the actual amount along with applicable interest to resolve the issue.