Bird's Eye View on sum payable to micro and medium enterprises disallowed u/s 43B(h) of the IT Act, 1961

CA Anshu Bansal , Last updated: 27 February 2024  
  Share

Introduction The Income-tax Act, 1961 (for brevity Act) permits the deduction of expenses based on the accounting method adopted by the taxpayer. If the taxpayer uses the cash system of accounting, the deduction has been granted based on actual payments made. However, if the taxpayer follows the

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)

CCI Pro

Published by

CA Anshu Bansal
(Chartered Accountant)
Category Income Tax   Report

Other Articles  
Comment   Share
  3725 Views
Comments

Related Articles


Loading


Popular Articles




CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Trending Online Classes

view all classess

Follow us
OR add as source on Google news

CCI Articles

You can also submit your article by sending to article@caclubindia.com

submit article

Browse by Category