Section 43B (H) Of the Income Tax Act: Timely payments to MSMEs

Affluence Advisory , Last updated: 13 February 2024 Share Follow on Google News

The Finance Act, 2023 brought a significant change with the insertion of clause (h) (refer annexure) in section 43B of the Income Tax Act, 1961, (Act) which is with effect from Assessment year (AY) 2024-25 i.e., financial year (FY) 2023-24 and onwards. The intention of the government is to promot

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Why Affluence Advisory for any Tax Compliance services? Affluence Advisory Pvt Ltdis a multi-disciplinary consulting and compliance firm that is managed by a specialized team of Chartered Accountants, Company Secretaries, Corporate Lawyers, and Other Professionals who are committed to providing a quality experience ... Read more

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Section 43B (H) Of the Income Tax Act: Timely payments to MSMEs

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