Section 43B(h) Explained MSME Payment Rule 2026 Avoid Income Tax Disallowance 15 Days and 45 Days

Section 43B(h) Explained | MSME Payment Rule | Section 37(2)(g) | Income Tax Act, 2025 | FY 2026-27 Are you making purchases from Micro and Small Enterprises (MSMEs)? Delaying payments to eligible MSME suppliers can lead to Income Tax disallowance, increasing your taxable income and tax liability. In this comprehensive video, explains Section 43B(h) (now Section 37(2)(g) under the Income-tax Act, 2025) in the simplest possible language with practical examples. In this video, you'll learn ✔ What is Section 43B(h)? ✔ Why has it become Section 37(2)(g)? ✔ MSME Payment Rule explained ✔ 15-Day vs 45-Day Payment Rule ✔ Who is covered under this provision? ✔ Micro vs Small vs Medium Enterprise ✔ Tax impact of delayed payments ✔ Practical example with tax calculation ✔ Common mistakes businesses make ✔ Whether payment before ITR due date saves the deduction ✔ MSMED Act interest implications ✔ Compliance checklist for businesses, accountants & CAs This video is useful for: ✅ Business Owners ✅ Chartered Accountants ✅ Tax Consultants ✅ Accountants ✅ Finance Managers ✅ GST Practitioners ✅ Tax Audit Professionals ✅ CA, CMA & CS Students ✅ Entrepreneurs & Startups 🔔 Subscribe to JH Consultancies for the latest updates on: • Income Tax • GST • MCA Compliance • Tax Audit • TDS & TCS • MSME • Accounting & Finance • Budget Updates • Practical CA Guidance 💬 If you found this video helpful, please Like, Share, Comment and Subscribe to support the channel. #Section43Bh #Section37_2_g #MSME #MSMEPaymentRule #IncomeTax #IncomeTax2025 #IncomeTax2026 #TaxPlanning #TaxAudit #MSMEDAct #BusinessCompliance #CharteredAccountant #CA #Finance #Accounting #GST #TaxUpdates #JHConsultancies #IndiaTax #taxeducation For Professional Consultancy: Call or whats app- 8310088529 Website- https://jhconsultancie...​ Instagram- https://www.instagram....​ Facebook- https://www.facebook.c...​ E- Mail. - jayanth@jhconsultancies.com