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Refund of excess balance after RC cancellation

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Can any taxpayer apply for refund of excess balance after RC cancellation
Replies (5)
ITC or Cash...???
If it is itc

You have to reverse all ITC available at the time of cancellation of RC.

And excess Cash balance after sett of all liability, can be claimed for refund

Originally posted by : D G MOHAN
If it is itc

Yes I agreed with @ sstax.....

The balance ITC will be reverse.

In case any closing available then tax will be calculate and pay after adjusting ITC. 

Originally posted by : D G MOHAN
If it is itc

Please don't ask/inserting questions into another person's Query make new forum and ask your questions...

 

 


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