I want to ask about section 43B (H) of income tax my question is if this section is applicable from 01/04/2023 and I should pay outstanding amount of F.Y. 2023-24
But I want to ask if I have outstanding amount of previous year so should I pay total outstanding or only can I pay this F.Y. transactions....
Because my payment is very high amount including previous year outstanding....
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Section 43B(H)
Replies (4)
Quick Summary
Section 43B(H) is applicable from 01-04-2024 onwards and No Disallowances will be done related to outstanding balance on 31-03-2024.
Thankyou sir
Section 43B(H) is applicable from 01-04-2023 onwards and No Disallowances will be done related to outstanding balance on 31-03-2023.
Sorry for inherently giving you wrong answer previously.
Sorry for inconvenience caused to you, if any.
It's ok sir
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