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2021 (1) TMI 825 - AT - Income TaxClaim of deduction for the payment made towards education cess and secondary and higher education cess - prohibition on the deduction of any amount paid towards “cess” in Sec. 40(a)(ii), while computing the income chargeable under the head “profits and gains of business or profession”- HELD THAT:- Respectfully following the decision in Sesa Goa Ltd. [2020 (3) TMI 347 - BOMBAY HIGH COURT] and Chambal Fertilizers & Chemicals Ltd. [2018 (10) TMI 589 - RAJASTHAN HIGH COURT] we hold that the assessee shall be entitled for deduction of education cess and higher & secondary education cess while computing income chargeable under the head “profits and gains of business or profession”. - Decided in favour of assessee.
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