Budget provisions to deal with delayed payments to MSMEs may need tweaks
The budget proposed an amendment to Section 43B of the Income Tax Act which ensures that the buyers can claim deduction in income tax only on payments made to a MSME supplier.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
