Recent Posts
Is section 43B(h) applicable in case of capital expenditure?
Facts: Co. A is a large corporate. Co. B is an mSME registered under the MSMED Act as a small enterprise. Co. A makes purchases goods from Co. B which are capital in nature for Co. A. Co. A capitalises these goods and charges depreciation on the same. The question arises whether the Co. A … Continue reading Is section 43B(h) applicable in case of capital expenditure?