3-FY Classification • MSMED Interest • Income Tax Section 43B(h)
Follow these steps to compute MSMED interest and Section 43B(h) disallowance
Download the Excel template from the top header. It contains all required columns pre-formatted for upload.
Enter supplier-wise invoice data including acceptance dates, payment status, amounts, and Udyam classification by financial year.
Upload the completed Excel file here and click Validate to confirm all required columns and data are present.
Review and update RBI Bank Rates and set computation parameters like tax year, as-of date, and classification basis.
Click Compute to calculate interest and disallowances, review results in the Preview/Computation tabs, then export to Excel.
The following columns must be present for correct computation:
Drag & drop your Excel file or click to browse — supports .xlsx format
MSME Single Sheet Input Template — .xlsx format
Edit existing rates or add future rate changes — MSMED rate = 3 × Bank Rate (monthly rest compounding)
| Effective From | Repo Rate (%) | Bank Rate (%) | MSMED Annual (%) | Note / Source | Action |
|---|
Bank Rate = Repo Rate + 0.25% | MSMED Rate = Bank Rate × 3 | Highlighted columns are auto-derived from Repo Rate.
Configure the tax year, as-of date, and classification parameters before computing
| Upload and validate a file to see data here. |
| Record ID | Supplier | Invoice No | Category | Due Date | Interest Start | End Date | Delayed Days | Outstanding | Interest | 43B(h) Status | 43B(h) Disallowance | Flags / Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Run computation to see results. | ||||||||||||