Sec. 43B(h): A Guide for Businesses Dealing with MSMEs in FY 2023-24

Sec. 43B(h): A Guide for Businesses Dealing with MSMEs in FY 2023-24 Introduction: With 2024 marking the inaugural year of applicability for Section 43B(h) of the Income Tax Act, businesses interacting with Micro, Small, and Medium Enterprises (MSMEs) must be aware of its implications. This section significantly impacts year-end finalization for the financial year 2023-24. […]