Mukesh KUMAR (ACCOUNTANT) (115 Points)
04 August 2018
RAJA P M
("Do the Right Thing...!!!")
(127977 Points)
Replied 05 August 2018
Mukesh KUMAR
(ACCOUNTANT)
(115 Points)
Replied 06 August 2018
RAJA P M
("Do the Right Thing...!!!")
(127977 Points)
Replied 06 August 2018
| Originally posted by : Mukesh Sah | ||
 |
why not for the month of july 2017 mr raja please explain |  |
I think One Year period is labsed...
CA Anita Bhadra
(DGM FINANCE BHARAT ELECTRONICS LIMITED )
(6000 Points)
Replied 06 August 2018
You can take ITC for the month of July 17 also .
ITC can be claimed/availed upto the due date of furnishing of return for the month of September following the end of the financial year to which the invoice pertains
Or
Date of furnishing of the relevant annual return,
Whichever is earlier.
Thus, if invoice is issued on, say, 08.07.17, ITC for such invoice shall be claimed on or before
(i) due date of furnishing of the return for September, 2018, or
(ii) the actual date of furnishing annual return for the F. Y 2017–18,
Whichever is earlier.
CAclubindia
