TaxTMI 
TaxTMI 
Dear experts,
for the FY 2019-20 we have filed appeal for 16(4) ineligible ITC, now the period extended as per section 16(5) and hence our ITC becomes eligible now.
My querry is whether we can withdraw the appeal and file rectification application.
16(5) benefit if appeal filed-how to take
16 Jan 2025 
3 Replies 
1545 Views Asked by
Input tax credit eligibility: withdraw the appeal and seek rectification or ask the officer to decide under changed eligibility.
Taxpayer may withdraw a pending appeal and file a rectification application to claim input tax credit that became newly eligible due to a change in eligibility rules; alternatively, the taxpayer can request the assessing officer to decide the matter in light of the changed ITC eligibility and pass appropriate orders recognizing the entitlement. (AI Summary)
Taxpayer may withdraw a pending appeal and file a rectification application to claim input tax credit that became newly eligible due to a change in eligibility rules; alternatively, the taxpayer can request the assessing officer to decide the matter in light of the changed ITC eligibility and pass appropriate orders recognizing the entitlement. (AI Summary)
