Please Clarify 16(4) ITC contravention act
keshavamurthy mb (159 Points)
29 January 2025Now it is possible to claim the refund or eligible to claim the ITC as per the sec 16(5) and 16(6) We can claim Refund
please give me suggestions
keshavamurthy mb (159 Points)
29 January 2025
Rama chary Rachakonda
(Master in Accounts & high court Advocate email ID:ramachary64@gmail.com voice no:9989324294)
(7514 Points)
Replied 29 January 2025
You've already paid the tax, late fee, and interest under Sections 73 and 16(4).
Now, you're exploring possibilities for claiming a refund or Input Tax Credit (ITC).
Here are some suggestions: Refund Claim To claim a refund, consider the following:
Input Tax Credit (ITC) Claim To claim ITC, consider the following: 1. **Check
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