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43b(h)

Direct Taxation

Dear sir I have a doubt in this section, this section earlier deals with actual payment allowance. but what is the amendment in this section. As per my understanding now also it talks about allowance on actual payment. Now Dey are saying if u don't pay to msme ur exp will be disallowed. What is new in this .old section also implies the same na sir meaning if u don't pay u won't get allowance

Kiran Vijay

CA Final

★ 4K+

21-Feb-24 08:06

Answers (1)

Payment to MSME was not covered earlier in 43B but now it is covered

Shiva Teja

Faculty

22-Feb-24 18:20

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