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Income Tax - Highlights / Catch Notes

Home Highlights February 2023 Year 2023 This

Payment to MSME is allowed on actual payment basis - Any ...


Amendment to Section 43B: Payments to MSMEs Allowed Only if Made Within 15 or 45 Days.

February 2, 2023

Notes     Income Tax

Payment to MSME is allowed on actual payment basis - Any expenditure shall be allowed only if payment to MSME within 15 days or 45 days as the case may be - section 43B is being amended.

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