Msme — CA Guides & Articles

Section 43B(h): the 45-day MSME payment rule that changes your year-end

Year-end profit is not the same as year-end tax deduction. If your company buys goods or services from a registered MSME and leaves the invoice unpaid beyond the permitted period, section 43B(h) can move the deduction into the year of actual payment. That turns an accounts-payabl