Section 43B(h) MSME 45-Day Payment Rule & Form 3CD Disclosures2026-11-05Late Payments to Micro and Small Suppliers: Tax Deductions, Interest and Audit ReportingApply the 15- and 45-day payment rules, distinguish the 1961 and 2025 Income-tax Acts, and calculate late payment interest and deduction timing.By Team assureOffice
