Last year Invoice

This discussion addresses the implications of paying a tax invoice from a previous financial year. Key concerns include the impact on Goods and Services Tax (GST) Input Tax Credit (ITC), income tax deductions, and company law compliance. The consensus suggests that receiving a current dated invoice is preferable to avoid issues with ITC claims and to treat the expense as a current year deduction, although the specifics depend on the timing of services rendered and invoice issuance.