TMI BlogSupreme Court Rules Education Cess Not Deductible Under Income Tax Law, Overturning Previous Judgment.Allowable expenditure of "Education Cess” - The Supreme Court set aside the impugned judgment and allowed the appeal of the Revenue, affirming that "Education Cess" cannot be treated as an expenditure. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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