- Claim the ITC in the March GSTR-3B. There will be no issue and the amount will be reflected in the annual return of 18-19 which will be completely reconciled with your income tax figures and 2A.
Skipped invoice by mistake
In fy 2018-19 in the month of aug i skipped a invoice of rs 30000 to list in account books and filed the gst return and now while matching the account book with the bank statement I found that i have done a payment for purchase invoice which i skipped to list in gst return and account book.. now what should i do... should i show it in incometax return only without claiming the itc as gst 3b has already filed in aug and i found mistake in march.. so should i only show that purchse in incometax return or should i have to show in gst return and cliam itc? If don't want to claim itc and show the purchse in incometax return would create any problem for me? As it will be a mistach in gstr2 of mine and gstr1 of supplier in gst portal so would it create any problem as iam not claim itc as i havent listed the invoice in gst portal and the supplier had so resulted mismatch would create problem?
Asked 6 years ago in Income Tax
You should claim the ITC in the month of March and everything will reconcile in your GST annual return and as far as IT return is concerned they won't have any issue as long as you have proper invoice.
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Thank you
Hi,
You can include the invoice in GST while filing your next month's return and annual return and claim ITC.
Also include this in your income tax return.
Hi,
You can include the same in next month gst return and claim itc.
Also, include it in income tax return.
What if i find the invoice in next financial year that is in april month than what should i can do
Asked 6 years ago
For each financial year, you can claim the ITC till the filing of next year September return i.e. sep.19.
What if I don't want to claim itc and don't show that invoice in gst return and show that as a purchase in incometax return ... would it create problem for me? As there will be mismatch of invoice in gst return and how to claim such itc im next fy ?
Asked 6 years ago
Please take phone consultation, I will explain you deeply. Unnecessarily you are get confusing.
Hi,
For next FY you can claim the ITC till September 2020 return.
Yes, it will create problem.
What if i find my invoice skipped for the fy 2018-19 after sep 2019 then I can't claim itc so should i list that invoice in gst return or only in incometax return
Asked 6 years ago
If you don't claim ITC it won't create much of a problem.
Problem is only created when you collect GST from someone and doesn't pay it to government.
In your case if you say that you will show it in income tax return and won't show it in GST but since you still have time to show it in GST return why won't you show it in GST return?
If you come to know about it after September then you can't claim ITC since the time limit will lapse and also you won't be able to claim it in income tax as it would be previous years bill.
Hi,
You wont be able to claim ITC in both return .
If you find invoice in next month then also you can put the invoice till September 2019 in the GST return and claim ITC.
In that case there will be a mismatch in it return and GST return and you will have to explain this if any query arises.
But you should not make one more mistake (by not reporting it in ITR) just because you have earlier made one mistake
Till date, you can only claim the ITC missed for the F.Y. 2017-18 till 31.03.2019. For F.Y. 2018-19, last date is Sept 19 or filing of annual return whichever is earlier. In ITR, figure of turnover reported in GST needs to be disclosed.
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