Missed purchase ITC of 2017-18 can be claimed now in March 2020?

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1 Points Posted on 17 May 2020
missed ITC of 17 -18 can be claimed now in 19-20 march
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On 17 May 2020 at 11:42 Report
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This discussion addresses whether it's possible to claim missed Input Tax Credit (ITC) for the 2017-18 financial year in March 2020. The consensus is that it is not permissible to claim ITC for a previous financial year after the stipulated deadline, which is typically September of the following year.

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Finance/Compliance Consultant
69623 Points Posted on 17 May 2020
Not Allowed Now............................
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On 17 May 2020 at 11:58
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121 Points Posted on 17 May 2020
Yes u can but u have to give resion that why u not claim it and u may have to pay as penalty fees
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On 17 May 2020 at 12:34
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Student
23693 Points Posted on 17 May 2020
No @ Lakshmanan Karuppaiah Sir. ITC of 17-18 cannot be claimed now ( 19-20 ).
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On 17 May 2020 at 20:41
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CA-PRACTICE
400 Points Posted on 17 May 2020
As per conditions for claiming ITC , Assessee can't claim the itc after September of the following the year for the previous year.
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On 17 May 2020 at 22:56

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