2 Replies
CA Kushwanth AVSR
(CA in Practice CMA by Qualification)
(1593 Points)
Replied 22 March 2021
When we excessively claimed ITC or due to purchase returns, debit notes or any other of such sort
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 22 March 2021
When you take excess ITC or have availed wrong ITC then in such cases ITC shall be reversed
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