Fastener Supplier Association Ludhiana (FSAL) organised a meeting on the critical issue of Income Tax Section 43B (H) at a city hotel recently. The meeting was presided over by FSAL president Rajkumar Singla while president of Fastener Manufacturers Associaiton Narinder Bhamra, president of FOPSIA Badish Jindal, FSAL's Munish Sachdeva, Ikbal Singh Kathuria, Pankaj Aggarwal & Dharampal Singla were also present on the ocassion.
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Tax experts CA Sameer Gupta & CA Rajeev Sharma & CA Aditya gave insights to businessmen about the new law. The businessmen are demanding the rollback of the law at the earliest as in the present form the law is going to hamper the working of micro and small inudstry.