Section 43B(h) of Income Tax Act related to MSME (Small & Micro) - Very Important Amendment

CA.Sangam Aggarwalpro badge , Last updated: 17 January 2024  
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Latest Amendment in Section 43B of Income Tax Act related to MSME Section 43B: Overview This Section provides some expenses which are specified under Section 43B shall be allowed as deduction under the head Income from business and profession on actual payment basis rather than accrual basis.

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Published by

CA.Sangam Aggarwal
(Professional)
Category Income Tax   Report

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