Taxmann’s Analysis | 35 FAQs on Section 43B Disallowance of the Sum Payable to Micro or Small Enterprises

Taxmann’s Analysis | 35 FAQs on Section 43B Disallowance of the Sum Payable to Micro or Small Enterprises PDF Author: Taxmann
Publisher: Taxmann Publications Private Limited
ISBN:
Category : Law
Languages : en
Pages : 26

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Book Description
Section 43B of the Income-tax Act, 1961 provides a list of several expenses allowed as a deduction on a payment basis. Introduced by the Finance Act 2023, Section 43B(h) adds a new twist for businesses dealing with Micro and Small Enterprises (MSEs). Any sum payable to them beyond the time limit specified in the MSMED Act shall be allowed as a deduction in the previous year in which such sum is actually paid. This article provides frequently asked questions on Section 43B(h) and discusses the challenges it presents for businesses seeking to maintain smooth and compliant payment practices with MSEs.

Taxmann’s Analysis | 35 FAQs on Section 43B Disallowance of the Sum Payable to Micro or Small Enterprises

Taxmann’s Analysis | 35 FAQs on Section 43B Disallowance of the Sum Payable to Micro or Small Enterprises PDF Author: Taxmann
Publisher: Taxmann Publications Private Limited
ISBN:
Category : Law
Languages : en
Pages : 26

Get Book Here

Book Description
Section 43B of the Income-tax Act, 1961 provides a list of several expenses allowed as a deduction on a payment basis. Introduced by the Finance Act 2023, Section 43B(h) adds a new twist for businesses dealing with Micro and Small Enterprises (MSEs). Any sum payable to them beyond the time limit specified in the MSMED Act shall be allowed as a deduction in the previous year in which such sum is actually paid. This article provides frequently asked questions on Section 43B(h) and discusses the challenges it presents for businesses seeking to maintain smooth and compliant payment practices with MSEs.

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Publisher:
ISBN:
Category : Milk
Languages : en
Pages : 24

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The Airports Authority of India Act, 1994 PDF Author:
Publisher: Universal Law Publishing
ISBN:
Category :
Languages : en
Pages : 84

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GST Guide for Students PDF Author: Ca Vivek Kr Agrawal
Publisher:
ISBN:
Category :
Languages : en
Pages : 126

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Book Description
This book is specially for Beginners and Students who wants to have comprehensive knowledge about GST.Book contains more than 100 examples to make the reader understand about the new tax law in a very easy and clear manner.Book is not overloaded with too many stuff but has been kept simple with diagram and question answer patter. Language is too easy and topics are kept simple for the learner to have easy understanding.Broadly all the topic has been covered namely - Basic, CGST, SGST, IGST, Registrations, Time Value & Place of Supply, Input Tax Credit, Payments, Invoicing, Accounts & Records, Reverse Charge, TDS TCS, Composition Scheme, Return filing, Job Work, Refunds, Penalty, Assessments, Appeal and related provisions.Book is written by Vivek Kr Agrawal, who is a practicing CA and qualified Lawyer. He is having more than 10 years of knowledge in the taxation field. He is associated with various Management Institutes and delivers lectures on Taxation.

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Publisher:
ISBN: 9788171946020
Category :
Languages : en
Pages : 624

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Guide to Compounding, Adjudication and Prosecution PDF Author: K S Ravichandran
Publisher: Bloomsbury Publishing
ISBN: 9390176182
Category : Business & Economics
Languages : en
Pages : 834

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Book Description
Highlights ? A complete guide to provisions, procedure and judicial precedents on offences and contraventions under the Company Law, Securities Laws and FEMA. ? Compounding of offences and adjudication of penalties and appeals thereof. ? Directions, disgorgement and settlement of proceedings under Securities Laws and other Relief and Remedies under the Companies Act, 2013. ? Search, seizure, enquiry, inspection and investigation under the Company Law, Securities Laws and FEMA. ? Crisp account of cognizable, bailable and non-bailable offences ? Trial procedures, and quashing of criminal complaints under the Criminal Procedure Code.

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Publisher:
ISBN: 9789389991178
Category :
Languages : en
Pages :

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We, the Nation PDF Author: Nani Ardeshir Palkhivala
Publisher:
ISBN:
Category : History
Languages : en
Pages : 362

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Audits of Banks PDF Author: American Institute of Certified Public Accountants. Banking Committee
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 220

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