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16(4) --> march 2019 3b filed in nov 2011

This query is : Resolved 

31 December 2022 i am told i should file march 2019 3b by 20 oct 2019.
i filed in nov 2019.
do i loose full march 2019 itc?
isnt there any way?
can i go in adm relieft or something? its big 9 lakh impact :(

31 December 2022 As Per Current Rules regarding this ITC Claimed in Mar-19 Return will be Fully Lost. there are many cases pending before courts regarding allowability of this, But Still No Favorable Judgement is Available

01 January 2023 Yes your full ITC will be lost due to law of prescription applicable in section 16(4)


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