ITC not claimed in the F.Y. 19 – 20 and the entire amount was expensed out in the books of accounts. Subsequently, in September’20, out of this, what was eligible, ITC was claimed on it and the entry passed in F.Y.19 – 20 for expensing out was reversed. Is it in line with the GST Provisions and therefore ITC allowed?
Yes ITC allowed........
R P S K & Associates
Nashik
CA Inter
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Karia Overseas
Ahmedabad
CA
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CMNITY HIRE
New Delhi
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SMJ global advisors pvt ltd
New Delhi
B.Com
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