Understanding Section 43B(h) of Income Tax Act: Ensuring Timely Payments to Micro and Small Enterprises

Provisions under Clause(h) of Section 43B of Income Tax Act The Finance Act of 2023 brought about a crucial amendment to Section 43B of the Income Tax Act, 1961, with the addition of clause (h) which took effect from April … Continue reading Understanding Section 43B(h) of Income Tax Act: Ensuring Timely Payments to Micro and Small Enterprises