Claim of the left out itc for the fy 2017-18

This query is : Resolved

TARIQUE RIZVI (Querist)
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05 November 2018 DATED 31-10-2018 WE HAVE FILED THE INCOME TAX RETURN WITH TAX AUDIT REPORT FOR THE FY 2017-18 ( YEAR ENDING 31-03-2018) AND NOW WE HAVE COME TO KNOW THE EXACT ITC WHICH REMAINED LEFT OUT WHILE FILING GSTR-3-B FOR THE MONTH OF SEPTEMBER 2018 AND NOW WHETHER STILL ANY FURTHER CHANCE IS EXPECTED TO TAKE THE LEFT OUT ITC OR WHETHER HAS BEEN FORFEITED AND IT IS REALLY BIG SUM ON ACCOUNT OF REVENUE LOSS OF OUR COMPANY. EITHER INCOME TAX DEPARTMENT SHOULD CONSIDER THE LEFT OUT ITC AS A BUSINESS EXPENSE OR GST DEPARTMENT SHALL GIVE ANOTHER CHANCE TO CLAIM THE LEFT OUT ITC. AVAILMENT OF THE LEFT OUT ITC IS HUMAN RIGHT WHICH SHOULD NOT BE FORFEITED.

Rajnish Singh

Rajnish Singh (Expert)
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08 November 2018 what is period of ITC....before june2017 or after june 2017. if it is after june2017 than you can claim it in current month return and shown in your annual return reconciliation.