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section 43B

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लघु एवं मध्यम व्यापार आपका व्यापार – कैसे करें अपनी तैयारी आप स्वयं

Income Tax : जानें कि अपने व्यावसायिक खातों को प्रभावी ढंग से ...

April 2, 2024 1413 Views 0 comment Print

Understanding Section 43B(h) | Impact on MSME Payments

Income Tax : Understand the impact of Section 43B(h) on businesses: Learn about deductions for MSME payments and the importance of timely payme...

April 2, 2024 10362 Views 3 comments Print

Step By Step Guide to Prepare List of Creditors Under Section 43B(h)

Income Tax : Learn how CFOs, auditors, and filers can comply with Section 43B(h) effortlessly. Identify creditors, prepare lists, categorize, a...

April 1, 2024 2274 Views 0 comment Print

11 Latest Amendments in Income Tax: Analysis & Implications

Income Tax : Explore the latest changes in Income Tax laws, including extinguishment of demands, return processing, form amendments, exemptions...

March 31, 2024 14292 Views 2 comments Print

Practical Intricacies of Section 43B(h)

Income Tax : Explore the practical implications of Section 43B(h) of the Income Tax Act, its applicability, disallowance scenarios, and complia...

March 29, 2024 21975 Views 0 comment Print


Latest News


Message to Micro and Small Enterprise/Suppliers (Manufacturing) – Section 43B(h)

Income Tax : Explore how the new 43 B (h) clause of the IT Act impacts Kerala Textiles and Garments Dealers Welfare Association and their appea...

February 12, 2024 636 Views 0 comment Print

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

Corporate Law : Read the Karnataka State Chartered Accountants Associations representation on the challenges and proposed solutions regarding disa...

January 30, 2024 5061 Views 0 comment Print

MSME Delayed Payments: Call for Rationalized Disallowance in Income Tax Act

Income Tax : All Gujarat Federation of Tax Consultants urges Finance Minister for reconsideration of Income Tax Act amendment affecting MSME pa...

January 3, 2024 19089 Views 0 comment Print

Representation Against Proposed Amendment In Section 43B

Income Tax : We are drawing your kind attention towards Proposed Amendment in Section 43B of The Income Tax Act, 1961, which is detrimental to ...

March 18, 2023 11973 Views 2 comments Print

Section 36(1)(va) Increase Due date for crediting contribution of employees to due date of ROI

Income Tax : specified under the relevant legislation of the fund. The employees contribution credited to the employees account in the relevant...

January 21, 2018 50688 Views 1 comment Print


Latest Judiciary


Due Date for Section 36(1)(va) Commences with wages was payable’ & not when disbursed

Income Tax : Explore the legal dispute between Kaarya Facilities and ITO over the interpretation of Section 36(1)(va). Due date for wages under...

April 3, 2024 522 Views 1 comment Print

Section 43B Doesn’t Apply where payment precedes claim of expenditure

Income Tax : Read a detailed analysis of the case of DCIT vs. Flax Apparels Pvt. Ltd. where ITAT Ahmedabad ruled that Section 43B of the Income...

March 31, 2024 4935 Views 0 comment Print

No Disallowance of PF & ESI Payments made before due date of filing Income Tax Return

Income Tax : In Coronation Cigar Co. Vs DCIT (ITAT Mumbai), payments towards PF and ESI made before the due date of filing Income Tax Return ar...

March 30, 2024 3012 Views 0 comment Print

ITAT upholds disallowance for delayed Deposit of Employees’ PF & ESIC

Income Tax : Read the full text of the order of ITAT Pune regarding the disallowance of late deposit of Employees’ share of PF and ESIC by Ko...

March 27, 2024 357 Views 0 comment Print

State Government Loans not attracts Section 43B(d) disallowance: ITAT Pune

Income Tax : In Tokai Sahakari Sakhar Karkhana Ltd vs ITO (ITAT Pune), ITAT rules that loan received from State Government is not subject to S....

March 22, 2024 126 Views 0 comment Print


Latest Notifications


CBDT notifies Interest on Loan to NBFCs under Section 43B(da) of Income Tax Act

Income Tax : Central Board of Direct Taxes (CBDT) has recently issued a crucial notification concerning the payment of interest on loans to Non...

September 22, 2023 5679 Views 0 comment Print

MSMEs vs. Traders: Understanding Delayed Payment Benefits

Corporate Law : Explore how the recent policy update impacts MSMEs and traders regarding delayed payment benefits under the MSMED Act, 2006. Insig...

September 1, 2021 1884 Views 0 comment Print

Chapter VIA deduction on enhanced profits after disallowance eligible

Income Tax : Disallowances made under sections 32, 40(a)(ia), 40A(3), 43B, etc. of the Act and other specific disallowances, related to the bus...

November 2, 2016 6409 Views 0 comment Print

Section 43B: CBDT clarifies Due date for payment of Employee Provident fund

Income Tax : Income Tax Circular No. 22/2015 W.c.f. 1.4.1988, the settled position is that if the assessee deposits any sum payable by it by wa...

December 17, 2015 59617 Views 0 comment Print

The liability to pay sales tax by instalments cannot be treated to be beyond the provisions of section 43B of the Act

Income Tax : Whether the liability has been deferred or not has to be considered not from the simplistic point of the term 'defer' but in conte...

July 9, 2010 1886 Views 0 comment Print


Latest Posts in section 43B

Due Date for Section 36(1)(va) Commences with wages was payable’ & not when disbursed

April 3, 2024 522 Views 1 comment Print

Explore the legal dispute between Kaarya Facilities and ITO over the interpretation of Section 36(1)(va). Due date for wages under scrutiny. ITAT Mumbai ruling analyzed.

लघु एवं मध्यम व्यापार आपका व्यापार – कैसे करें अपनी तैयारी आप स्वयं

April 2, 2024 1413 Views 0 comment Print

जानें कि अपने व्यावसायिक खातों को प्रभावी ढंग से कैसे प्रबंधित करें, लेखांकन सॉफ़्टवेयर को नेविगेट करें और वित्तीय स्थिरता सुनिश्चित करें। यहां विशेषज्ञ अंतर्दृष्टि और रणनीतियाँ प्राप्त करें।

Understanding Section 43B(h) | Impact on MSME Payments

April 2, 2024 10362 Views 3 comments Print

Understand the impact of Section 43B(h) on businesses: Learn about deductions for MSME payments and the importance of timely payments to avoid penalties and interest.

Step By Step Guide to Prepare List of Creditors Under Section 43B(h)

April 1, 2024 2274 Views 0 comment Print

Learn how CFOs, auditors, and filers can comply with Section 43B(h) effortlessly. Identify creditors, prepare lists, categorize, and manage agreements effectively.

Section 43B Doesn’t Apply where payment precedes claim of expenditure

March 31, 2024 4935 Views 0 comment Print

Read a detailed analysis of the case of DCIT vs. Flax Apparels Pvt. Ltd. where ITAT Ahmedabad ruled that Section 43B of the Income Tax Act, 1961 doesn’t apply when payment precedes the claim of expenditure.

11 Latest Amendments in Income Tax: Analysis & Implications

March 31, 2024 14292 Views 2 comments Print

Explore the latest changes in Income Tax laws, including extinguishment of demands, return processing, form amendments, exemptions, and more. Stay informed with our detailed analysis.

No Disallowance of PF & ESI Payments made before due date of filing Income Tax Return

March 30, 2024 3012 Views 0 comment Print

In Coronation Cigar Co. Vs DCIT (ITAT Mumbai), payments towards PF and ESI made before the due date of filing Income Tax Return are not disallowed under section 139(1) of the Act. Read the detailed analysis here.

Practical Intricacies of Section 43B(h)

March 29, 2024 21975 Views 0 comment Print

Explore the practical implications of Section 43B(h) of the Income Tax Act, its applicability, disallowance scenarios, and compliance requirements.

ITAT upholds disallowance for delayed Deposit of Employees’ PF & ESIC

March 27, 2024 357 Views 0 comment Print

Read the full text of the order of ITAT Pune regarding the disallowance of late deposit of Employees’ share of PF and ESIC by Kothari Wheels vs DCIT.

Section 43B(h) of Income Tax Act 1961 w.e.f 01-04-2024 & Applicable from AY 2024-25

March 27, 2024 26124 Views 0 comment Print

Explore Section 43B(h) of the Income Tax Act 1961, effective from April 1, 2024, applicable from Assessment Year 2024-25, impacting timely payments to micro and small enterprises.

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