Clarification of Calculation of 20% Restriction as per Rule

Last updated: 21 November 2019
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Although it is very illogical Rule, This is effecting businessman at large by blocking their working capital. This either should be removed or calculation of 20% should be at year ending. But unless any changes made lets understand this rule and how to calculate Eligible ITC as per this rule #pdf
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Submitted by · Posted 21 November 2019 · Other files by CA Himanshu Garg · Report
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