Live Webinar on Section-43B(h) of Income Tax Act, 1961 read with Section-2, 7-8, 15-16-17 of MSMED Act 2006 on 03-03-2024- Sunday 11:00 AM by Advocate Rajbir Singh.
Agenda:
1. Introduction
- Brief overview/Background of MSMED Act 2006.
- Acknowledging the common pain points.
2. Concept of Section-43B
- What is Section-43B and why is it referred to as the “Disallowance”?
- Introduction of Clause “h” in Budget 2023.
3. How the Provision of MSME act impact to Section-43B(h)
- Definitions.
- Section-07 (What is Criteria of MSME)
- Section-08 (Who is eligible to get Benefit MSME)
- Section-15 (Payment to MSME)
4. Impact of Section 43 on MSME
- Understanding how to link section-43B(h) with MSME.
- Real-life scenarios and examples.
5. Benefit & Side effect on the industry
- Overview through Chart.
- Who does not fall for the Ambit of MSME/Section-43B(h)?
6. Challenges & Practical Impediments
- Sharing common challenges faced by professionals, accountants, and industrialists.
- Tips to overcome these challenges and practical solutions.
7. Interactive Q&A Session
- Engage with viewers and address their questions regarding Provision.
Registration Link: https://shop.taxguru.in/taxguru-free-webinar-registration/
Date and Time: 03-03-2024- Sunday 11:00 AM
Webinar link: www.youtube.com/@TaxGuruSolutions
Speaker Profile:
Advocate Rajbir Singh is a distinguished member of the Bar Council of Punjab & Haryana, having been enrolled since 2018. In 2022, he joined the “DTBA, Faridabad” Parivar. Additionally, he is recognized as a “Trademark Attorney.”
Educationally, he secured an MBA in 2011 and completed his LLB in 2016.
Rajbir Singh has amassed over a decade of expertise in both Direct and Indirect Taxes, spanning areas like the Goods & Service Tax, Income Tax, Trademark, and MSME acts. He is actively involved in GST Appeals/Audits across several states, including Haryana, Maharashtra, Telangana, and Uttarakhand. Beyond audits, his professional acumen extends to litigation matters, including the scrutiny of returns and responses to show cause notices. He adeptly handles matters pertaining to the recovery of MSME payments, working closely with the MSME council as per the MSME Act.
He is also a frequent speaker at GST study circle meetings organized by the “District Tax Bar Association” in Faridabad.
Author Bio
