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MSMED Act

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MSME-1: A Small Compliance with Real Consequences

Company Law : Recent ROC orders confirm that failure to file MSME Form 1 is no longer treated as a minor lapse. Non-filing leads to adjudication...

April 13, 2026 918 Views 0 comment Print

Form MSME-1 Filing What Every Company Must Know

Company Law : The case clarifies that MSME-1 filing is triggered when payments to MSME suppliers exceed the 45-day limit. It emphasizes that eve...

April 13, 2026 1782 Views 0 comment Print

MSME Form 1: Comprehensive Compliance Guide under Section 405 of Companies Act, 2013

Company Law : Companies that settle all MSME dues within 45 days are not required to file MSME Form 1 under original provisions. The rule focuse...

April 11, 2026 915 Views 0 comment Print

Strategic Role of Credit Repair in Business Growth: A Guide for MSMEs

Corporate Law : Businesses often face loan rejections due to poor credit profiles despite strong operations. The article explains how credit repai...

March 23, 2026 423 Views 0 comment Print

NSIC Registration: Aid for MSME Growth

Corporate Law : NSIC registration allows eligible MSMEs to access government tenders without paying EMD and tender fees, strengthening procurement...

February 27, 2026 522 Views 0 comment Print


Latest News


New Digital Credit Assessment Model for MSME Loans

Corporate Law : A new digital credit model for MSMEs leverages data from sources like GST and ITRs for faster loan approvals, reducing paperwork a...

July 31, 2025 852 Views 0 comment Print

Actions on Companies’ Delayed MSME Dues

Company Law : Indian government outlines measures against companies not paying MSME dues, including mandatory reporting, penalties, SAMADHAAN po...

July 21, 2025 1515 Views 0 comment Print

Govt Eases GST Compliance for MSMEs & Small Taxpayers

Goods and Services Tax : Govt introduces GST reforms to simplify compliance for MSMEs, including higher turnover limits, quarterly returns, and digital pay...

March 26, 2025 1365 Views 0 comment Print

MSME Investment and Turnover Limits to Be Enhanced

Corporate Law : Union Budget 2025-26 enhances MSME investment and turnover limits, increases credit guarantees, introduces new schemes for women a...

February 1, 2025 2001 Views 0 comment Print

Criteria for MSME Loans and Government Measures

Finance : The Government outlines criteria and steps to improve MSME loan access, including collateral requirements, schemes, and credit fac...

December 11, 2024 1338 Views 0 comment Print


Latest Judiciary


Reversal of Unclaimed MSMED Interest Cannot Trigger Tax Addition

Income Tax : The ITAT held that reversal of MSMED Act interest cannot be taxed if the provision was never claimed as a deduction. The matter wa...

January 8, 2026 249 Views 0 comment Print

Delhi HC Orders Release of Startup Imports Despite Minor Misdeclaration – Fabie Baby Case

Custom Duty : Delhi High Court orders release of a startup's goods held by Customs, citing an inexplicable delay and directing a review of polic...

September 10, 2025 441 Views 0 comment Print

MSME must notify lending bank about eligibility to get benefit of Framework

Corporate Law : Supreme Court held that Framework for Revival and Rehabilitation of Micro, Small and Medium Enterprises does require MSME to notif...

August 18, 2025 342 Views 0 comment Print

Kerala HC Denies QCO Exemption to Retail Trader Under MSMED Act

Corporate Law : Kerala HC holds that a retail plywood importer cannot claim delayed BIS compliance under QCO 2024, as MSME benefits are limited to...

July 28, 2025 705 Views 0 comment Print

Limitation Act applies to MSMED arbitration but not to conciliation: SC

Corporate Law : Supreme Court rules Limitation Act applies to MSMED arbitration but not conciliation, clarifying recovery of time-barred debts und...

July 21, 2025 4524 Views 0 comment Print


Latest Notifications


MSME-1 Filing Delays Lead to Maximum Penalties Under Companies Act

Company Law : Repeated delays in filing MSME returns resulted in penalties reaching the statutory cap. The decision highlights strict enforcemen...

January 6, 2026 762 Views 0 comment Print

Massive MSME Filing Delays Lead to Maximum Penalty Under Companies Act

Company Law : MSME-1 filings delayed by over two years attracted the highest statutory penalties. The ruling signals strict enforcement where no...

January 6, 2026 438 Views 0 comment Print

Interest Subvention Scheme Boosts MSME Export Credit

DGFT : The government introduces 2.75% interest relief on pre- and post-shipment export credit, helping MSMEs access cheaper working capi...

January 2, 2026 2349 Views 0 comment Print

MSME ODR Portal Mandatory for New Delayed Payments

Corporate Law : The Ministry of MSME mandates that all new delayed payment cases under the MSMED Act must be filed on the new MSME ODR Portal star...

October 3, 2025 2052 Views 0 comment Print

Govt notifies MSME Payment Delay Reporting Rule for Companies

Corporate Law : Companies must report delayed payments over 45 days to MSMEs in a half-yearly return to the Ministry of Corporate Affairs under MS...

March 25, 2025 8820 Views 0 comment Print


Analysis of Clause(h) of Section 43B of Income Tax Act

February 4, 2024 2454 Views 0 comment Print

Explore the implications of Income Tax Section 43B(h) introduced by the Finance Act, 2023, affecting timely payments to Micro & Small Enterprises. Understand the legal provisions, classifications, and consequences for MSMEs and businesses.

Section 43B(h) of Income Tax Act: Timely Payments to Micro & Small Enterprises

February 4, 2024 1542 Views 0 comment Print

Explore impact of Income Tax Act Section 43B(h) on businesses and Micro and Small Enterprises (MSEs). Learn about timeframe, importance, and implications for tax deductions, promoting timely payments for financial well-being.

Verify Udyam Registration Number & its relevance with Section 43B(h) of Income Tax Act

February 2, 2024 5982 Views 0 comment Print

Explore significance of verifying Udyam Registration Number in compliance with Section 43B(h) of Income Tax Act. Learn how it ensures timely payments and supports MSME liquidity.

A Guide for Assessee on Section 43B(h) of Income Tax Act, 1961- Compliance

February 2, 2024 2979 Views 0 comment Print

Understand Section 43B(h) in the Income Tax Act, its socio-economic implications, and practical tips for timely payments to Micro and Small Enterprises (MSEs) under the UDYAM AADHAR scheme.

Payments to Micro & Small Enterprises under MSME – Section 43B

February 2, 2024 55542 Views 5 comments Print

Explore crucial amendments in Section 43B for payments to Micro & Small Enterprises (MSME) under MSME Act, effective from April 2024. Understand the implications with a detailed flowchart presentation.

MSME Payments and Impact of Section 43B(h) of Income Tax Act

January 31, 2024 4503 Views 1 comment Print

Explore Section 43B(h) of the Income Tax Act 1961 impacting payments to Micro and Small Enterprises. Learn about deductions, tax implications, and compliance for timely payments.

Section 43B(h): PAY timely to Micro / Small Enterprise(s) or Pay Taxes

January 31, 2024 6684 Views 0 comment Print

Explore the impact of Finance Act 2023s Sec 43B(h) amendment. Analysis covers provisions, definitions, due dates, and practical scenarios for timely payments to Micro/Small Enterprises.

Disallowance of MSME Purchase / Expenses under Section 43B(h)

January 31, 2024 81429 Views 4 comments Print

Explore the impact of Income Tax Acts Section 43B(h) on disallowance of expenses from MSMEs. Learn about changes, provisions, and steps for compliance.

Representation on Disallowance under Section 43B(h) of Income Tax Act, 1961

January 30, 2024 6564 Views 0 comment Print

Read the Karnataka State Chartered Accountants Associations representation on the challenges and proposed solutions regarding disallowance under Section 43B(h) of the Income-tax Act, 196

Provision of Section 43B(h) not applicable to Wholesale and Retail Trade

January 30, 2024 63687 Views 10 comments Print

Explore the amendment in Section 43B(h) of the Income Tax Act, 1961, excluding Wholesale and Retail Traders. Learn how it affects delayed payments and MSME benefits.

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