Allowable deduction while computing the taxable income - ...

Education and Higher Education Cess Payments are Allowable Deductions in Taxable Income Calculation u/s 40(a)(ii.

March 5, 2020

Case Laws Income Tax AT

Allowable deduction while computing the taxable income - education cess and secondary & higher education cess paid on the Income Tax and Surcharge - education Cess, which is not disallowable item, on its payment, the cess is an allowable expenditure as per provision of section 40(a)(ii) - AT

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Allowable deduction while computing the taxable income - ...

Education and Higher Education Cess Payments are Allowable Deductions in Taxable Income Calculation u/s 40(a)(ii.

March 5, 2020

Case Laws Income Tax AT

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