Shubham Mourya (28 Points)
29 August 2018
ANKIT SACHDEVA
(A/c Manager at Pallavi Rajput & Co. (Chartered Accountants))
(244 Points)
Replied 29 August 2018
18% interest have to be paid in your case from due date date of liability till payment date
24% is paybale if wrongly claimed ITC or fraudulently Lowered output liability shown.
Ratan Sarraf
(137 Points)
Replied 29 August 2018
Shubham Mourya
(28 Points)
Replied 29 August 2018
ANKIT SACHDEVA
(A/c Manager at Pallavi Rajput & Co. (Chartered Accountants))
(244 Points)
Replied 29 August 2018
Only on that part of Unclaimed input tax you are not liable, still you can claim it before 20 oct and date of annual return (earlier)
Vinod Babu
(24191 Points)
Replied 29 August 2018
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
