Disallowances, 40, 40A, 43B and the MSME Clock
The sections that take expenditure out of a computation after it has passed s.37(1) , and the March drill that stops s.43B(h) turning a client's payables into taxable profit.
- 4 pages
- 45
- Word and PDF
- 13 September 2026
The 2 formats inside
- 1MSME vendor confirmation letteron the client's letterhead, with a reply slipOn its own₹149
- 2Year-end circular to clients on section 43B(h)on the firm's letterhead, issued in the first week of MarchOn its own₹149
Read the opening
The first part of “MSME vendor confirmation letter”, as it downloads. Blanks are highlighted.
On the client's letterhead
Date: [Date of letter] Ref: [Letter reference number]
To,
The Proprietor / Partner / Director
[Name of the vendor]
[Vendor's address]