Understanding applicability of Section 43B(h) to MSMEs by CA. Arvind Tuli – 2nd Edition 2024

Description

Chapter 1            Background

Chapter 2            Need for the Amendment in Income Tax Act

Chapter 3            Certain deductions to be only on actual payment [Section 43B]

Chapter 4            Section 43B(h) – A Detailed Analysis

Chapter 5            Understanding Micro & Small Enterprises

Chapter 6            Understanding Section 15 of MSMED Act and the Time Limit

Chapter 7            Issues that may arise – a discussion

Chapter 8            Will 43B(h) solve the problem? An opinion

Annexure I          Chart for time limits for Section 43B(h)

Annexure II         Chart for time limits u/s 15 of MSMED Act, 2006

Annexure III        What if the supplier does not pay interest u/s 16 of the MSMED Act, 2006?

Appendix 1         Provision of section 43B

Appendix 2         The Micro, Small and Medium Enterprises Development Act, 2006