Section 43B of the Income-tax Act, 1961 has always been considered a cornerstone provision that prevents misuse of deduction claims by ensuring that certain liabilities […]
Section 43B(h)
Understanding Section 43B(h): Reporting Disallowances in Form 3CD
Section 43B(h) was introduced by the Finance Act, 2023, and is effective from the assessment year 2024-25. It aims to ensure timely payments to micro […]