15th February 2024 is an important date as regards Sec 43B(h) of Income Tax Act

CA Shruti Singhal , Last updated: 07 February 2024 Share Follow on Google News

One of the major problems being faced by the MSMEs entities is not-getting their dues from their buyers on a timely basis. To solve this problem government has taken various steps, now Section 43B of the Income Tax Act, 1961 (IT Act) has been amended to provide a deduction of the sum payable to M

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About the Author

CA Shruti Singhal

Practicing CA

CA Shruti Singhal, an alumna of Jesus and Mary College, DU (B.Com (H)), did her articleship from Grant Thornton. Post qualification she worked at Singhal and Associates, a CA firm based out of Connaught Place. Shifting her focus only to Indirect Taxes, she opened a Sole Proprietor Firm, namely, Shruti Singhal Co. She ... Read more

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