FAQs on Timely Payments to MSME – An Interplay between Sec. 43B(h) of the Income-tax Act & MSMED Act

Author: Srinivasan Anand G.

Year: 2024

This book is a comprehensive guide to ensuring timely payments to Micro, Small, and Medium Enterprises (MSMEs), focusing on Section 43B(h) of the Income-Tax Act, 1961, and its interplay with the MSMED Act, 2006. It provides frequently asked questions, offering:

• Clarity on Legal Provisions
• Rationale Behind the Laws
• Implications for Businesses

This guidebook is designed for legal professionals, accountants, business owners, and anyone involved in transactions with MSMEs, providing essential insights into legal compliance for timely payments and the broader implications for business practices.

Tags: #msme #sec43b(h) #taxmann #payments #timelypaymentstomsme #micro #small #medium #enterprises #9789357785334 #tax #incometax