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Tag: MSMED Act

GST Article

MSME PAYMENTS SECTION 43(B) (h) – NOW AT PRESENT WHAT YOU HAVE TO DO

byCA SUDHIR HALAKHANDI28/03/202428/03/2024

The financial year 2023-24 is about to end, so all taxpayers who purchase goods or services from MSME registered MICRO and SMALL manufacturers and service providers are required to make payment within 45 days or if there is no agreement, then the payment is to be made within 15 days.

Income Tax in Media

Allow 90 days for payment of goods supplied by MSMEs to textile sector: TASMA

byAdmin09/02/202409/02/2024

The textile sector has expressed concern over the impact of a new clause in the Income Tax Act, 1961, through…

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