education cess

  • Income Tax

Education Cess cannot be allowed as an expenditure in view of later amendment – SC

Education Cess cannot be allowed as an expenditure in view of the subsequent amendments in the Income Tax Act, 1961…

1 week ago
  • Income Tax

Education cess allowable expenses till proposed amendment by Finance Bill 2022 takes effect  

Education cess not a disallowable expenditure u/s 40(a)(ii) as the amendment proposed by Finance Bill 2022 is yet to take…

2 years ago
  • Income Tax

Education cess is allowable expenditure under Section 37 of Income Tax Act 1961 – ITAT

Education cess is an allowable expenditure under Section 37 of the Income Tax Act 1961. ITAT allows deduction on the…

3 years ago
  • Income Tax

Education cess & Secondary and Higher Education Cess are allowable deductions

Education cess & Secondary and Higher Education Cess are allowable deduction while computing income chargeable under the head of profits…

4 years ago