2019 (3) TMI 742 - SCH - Income Tax

Notice issued for consideration of following substantial question of law Whether the Hon ble High Court and the ITAT under the facts and circumstances of the case have erred in holding that the education cess is disallowable expenditure u/s 40(a)(ii)?

Summary

The Supreme Court considered whether education cess is disallowable expenditure under section 40(a)(ii) of the Income Tax Act. The court condoned the delay and issued notice on the question. The matter was listed with SLP Diary No.4414 of 2019.