05
Feb 24
PAYMENT TO MSME IN 45/15 DAYS – SECTION 43B(h)
With insertion of clause h is section 43B by the Finance Act, 2023 the provisions of MSMED, Act 2006 have been given a strong enforcement with regards to payment of small businesses. The analysis of provisions of Income tax Act, 1961& MSMED Act, 2006 is done as under: Section 43B(h)…