In order to protect and promptly make payments to the MSEs, Clause (h) in Section 43B, inserted vide the Finance Act 2023, provides that if payment to the MSEs is not made within the prescribed timeline, then deduction of such sum payable to the MSE will only be allowed on a payment basis from the […]
Understand Form 10AB under the Income-tax Act, 1961 for renewing or obtaining tax exemption benefits for trusts/NGOs. Learn about timelines, required documents, and the filing process.
