Sec 43B h penalty msme addback disallowance sec37 incometaxact compliances











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Section 43B (h): “any sum payable by the assessee to a MICRO or SMALL enterprise beyond the time limit specified in 15 of the Micro, Small and Medium Enterprises Development Act, 2006,” • The mentioned above clause shows that the payment will need to be made under the specified time duration in 15 of the Micro, Small, and Medium Enterprises Development Act, 2006 for qualifying the claim deduction of the sum liable to get paid to the micro and small enterprises. • In this video CA KK Gupta explains what the new addition of the clause (h) means in Section 43B. Don't forget to like, share, comment subscribe to our channel for more such educating videos. • #income #incometax #incometaxreturn #incometaxact #section43B(h) • #money #finance #bank

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