Deduction of education cess - allowable business expenditure - ...

Case Laws Income Tax

August 25, 2021

Deduction of education cess - allowable business expenditure - the effect of the omission of the words "cess" from section 40(a)(ii) of the Act is that, only taxes paid are to be disallowed in the assessment for the assessment years 1962-63 onwards. - Deduction cannot be denied - AT

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Deduction of education cess - allowable business expenditure - ...

Case Laws Income Tax

August 25, 2021

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