A NEW POINT 17A HAS BEEN ADDED TO FORM NO. 3CD WHCIH IS BEING REPRODUCED BELOW:-
Point No.17A of 3CD
Amount of interest inadmissible under section 23 of the Micro, Small and Medium Enterprises Development Act, 2006.
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CA Sudhir Halakhandi (PRACTICING CHARTERED ACCOUNTANT) (13401 Points)
04 May 2009A NEW POINT 17A HAS BEEN ADDED TO FORM NO. 3CD WHCIH IS BEING REPRODUCED BELOW:-
Point No.17A of 3CD
Amount of interest inadmissible under section 23 of the Micro, Small and Medium Enterprises Development Act, 2006.
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GAURAV JAIN
(CHARTERED ACCOUNTANT)
(43 Points)
Replied 06 May 2009
We can take the certificate for interest paid to supplier of goods, segregating MSME and others from the management of the company.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India