Claim: Government has extended the implementation of section 43 B of the income tax act by one year.
Fact-check: The Union Government did not announce any relaxation for the implementation of section 43 b(h) of the Income Tax Act - FACTLY
Verdict: as per the reports, multiple representations have been made by industries from multiple forums seeking deferment in the implementation of section 43 b. however, contrary to the claim, the union government did not provide any relaxation yet. fostta clarified that viral information is false and that the government has not issued any official decision in this matter. hence, the claim made in the post is false.
Organisation: FACTLY
Author: Chaitanya
Date published: 2024-02-13T09:41:17