Starting from April 1, 2024 (AY 2024-25), Section 43B(h) of the Income Tax Act introduces significant changes concerning expenses related to purchases or services from Micro and Small Enterprises (MSMEs)....
Section 234F - Fee for Late Filing of Return:
CA Devesh Thakur
Relevant Act Extract
"234F. Fee for default in furnishing return of income.— (1) Without prejudice...
Explanation of Sections 234A, 234B, and 234C:
CA Devesh Thakur
Section 234A - Interest for Late Filing of Return:
Relevant Act Extract:
"234A. Interest for defaults in furnishing...
