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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Publisher: Universal Law Publishing
ISBN:
Category :
Languages : en
Pages : 84

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Publisher: Bloomsbury Publishing
ISBN: 9390176182
Category : Business & Economics
Languages : en
Pages : 834

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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:
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Category :
Languages : en
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Taxation in Agriculture PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264859055
Category :
Languages : en
Pages : 265

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This review of taxation in agriculture in 35 OECD countries and emerging economies outlines the diversity of tax provisions affecting agriculture, provides an overview of cross-country differences in tax policy, and confirms the widespread use of tax concessions specifically for agriculture, although their importance and modalities differ across tax areas and countries.

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Publisher:
ISBN:
Category : History
Languages : en
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Publisher:
ISBN: 9788176180023
Category :
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Publisher:
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Category : Transfer pricing
Languages : en
Pages : 900

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102B: Cahiers de droit fiscal international: The IFA Cahiers' are released annually by Sdu on behalf of the IFA (International Fiscal Association). These "Cahiers" contain a wealth of domestic and international material in dealing with the Subjects to be discussed at the following Congress. They comprise IFA Branch Reports together with a General Report and an EU Report on each of the two Subjects selected for the Congress of that year. Subject Subject for 2017, 102B is?The future of transfer pricing?. See also Section 102-A. Members of the IFA can contact the IFA to obtain a discount code to fill in.

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Publisher:
ISBN: 9781760732981
Category : Income tax
Languages : en
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