REGARDING DISALLOWANCE U/S 43B(h)


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This discussion clarifies the applicability date for disallowance under Section 43B(h) of the Income Tax Act. For businesses registered under the MSME Act, 2006, any payments due to them that are disallowed under this section will be applicable from 1st April 2023.

11 January 2024 43B DISALLOWANCE FOR PARTY REGISTERED UNDER MSME ACT,2006 WOULD APPLICABLE FROM WHICH DATE?

14 January 2024 https://taxguru.in/income-tax/disallowance-u-s-43bh-payment-dues-msme.html#google_vignette

09 February 2024 Applicable from 01.04.2023.


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