Section 8 in The Interest On Delayed Payments To Small Scale And Ancillary Industrial Undertakings Act, 1993
8. Requirement to specify unpaid amount with interest in the annual statement of accounts
.-Where any buyer is required to get his annual accounts audited under any law for the time being in force, such buyer shall specify the amount together with the interest in his annual statement of accounts as remains unpaid to any supplier at the end of each accounting year.
