Section 43B(h): Disallowance and Precautions to be taken while making payment to MSMEs before 31st March 2024

CA Bhawna Dua , Last updated: 07 March 2024
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A new clause inserted by the Finance Act of 2023 allows deductions made to MSMEs on an actual payment basis instead of an accrual basis if the payment is made within the threshold limit. This section has been applicable since 1st April 2023. As we approach the end of the year, it is essential to scr

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Published by

CA Bhawna Dua
(Practicing Chartered Accountant in Delhi NCR)
Category Income Tax Report

Section 43B(h): Disallowance and Precautions to be taken while making payment to MSMEs before 31st March 2024

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Original Price : INR 2999/-

Offer Price : INR 1999/-

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