ex.opening stock as on 01/04/16 is 20
purchase during the year 100
sale during the year 80
closing stock as on 31/03/17 is 40.
should we get itc on 40??
please clarify.
Mr. N. Patel,
You will be avail ITC, on that stock which was not older than 1 year.
or Against C form purchase stock not avail in ITC.
How much to take ITC ?
Is Fully or Partially ? (40)
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
