Section 43B(h) & MSMED Act Compliance
MSME 45-Day Payment & Interest Calculator
Calculate mandatory payment deadlines (15 vs 45 days) for Micro & Small enterprise vendor invoices under Section 43B(h) of the Income Tax Act, plus 3x RBI compound interest penalties for delayed payments.
Vendor Invoice & Agreement Terms
Section 43B(h) Tax Impact
Mandatory Statutory Payment Due Date
15 May 2026
45 Days Limit under Written Contract
Section 43B(h) Disallowance:
₹1,50,000 (Taxable as Income)
Compounded Monthly Penalty Interest (3x RBI):
₹2,475.00 (19.5% p.a.)
Interest Expense Tax Deduction:
NOT TAX DEDUCTIBLE