#expensededuction

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Understanding Section 43B(H) of the Income Tax Act: Applicability, Date, Limits, and Examples

Learn about Section 43B(H) of the Income Tax Act, covering its applicability, enforcement date, limits, and importance. Understand the intro

What is Section 43B(h)? MSME Payment Rules You Must Know

As per Section 43B(h), expenses towards MSMEs are allowed as a deduction only if paid within the due date. This amendment impacts your profit and tax liability significantly. Dive into our Section 43B(h) explanation with real-world examples and applicability timelines.