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Ineligible ITC/Reversal of ITC Ineligible ITC u/s17 (5)

This query is : Resolved 

02 September 2020 I want to know ineligible ITC under section 17(5)
can i book ineligible ITC under section 17( 5) as a expenses part while booking journal entry
or
First book input and latter reverse the same.

02 September 2020 Yes, book ineligible ITC under section 17( 5) as a expenses part while booking journal entry.


03 September 2020 Thanks sir,
for prompt reply,


03 September 2020 You are welcome......



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