Payment schedule to Micro or small who are Manufacturers or service providers – Very helpful for clients
Summary –
1. If Invoice between 01/04/2023 to 15/02/2024 were paid before 31/03/2024 then allowed as expense in FY 2023-24
2. If Invoice between 16/02/2024 to 31/03/2024 were paid within 45 days then allowed as expense in FY 2023-24
3. If Invoice between 16/02/2024 to 31/03/2024 were paid after 45 days then allowed as expense in FY 2024-25
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