Adjust Input Tax Credit for Accurate Additional Tax Liability on Revised Tax Returns with Adjustments Applied.

Adjust Input Tax Credit for Accurate Additional Tax Liability on Revised Tax Returns with Adjustments Applied. https://www.taxtmi.com/highlights?id=29326 Revised return - additional tax liability - if the credit or adjustment is to be given to the amount of tax already paid, there is no reason why the credit of input tax should not be adjusted against the tax liability and thereafter to arrive at the additional tax liability - HC en-us Fri, 20 May 2016 13:30:36 +0530 Fri, 20 May 2016 13:30:36 +0530 TaxTMI RSS Generator Adjust Input Tax Credit for Accurate Additional Tax Liability on Revised Tax Returns with Adjustments Applied. https://www.taxtmi.com/highlights?id=29326 Revised return - additional tax liability - if the credit or adjustment is to be given to the amount of tax already paid, there is no reason why the credit of input tax should not be adjusted against the tax liability and thereafter to arrive at the additional tax liability - HC Highlights VAT and Sales Tax Fri, 20 May 2016 13:30:36 +0530 https://www.taxtmi.com/highlights?id=29326