Deduction towards education Secondary & Secondary Higher Education Cess is not allowable

Sarat Chatterjee & Co. Vs ACIT (ITAT Kolkata)

ITAT Kolkata held that education cess and Secondary and higher Secondary Education cess being part of the tax is not allowable as deduction.

Facts- Assessee contests confirmation of addition of Rs. 84,76,769/- by DRP as made by the AO/TPO on account of TP adjustment with respect to the international transactions without appreciating the fact that TP provisions are not applicable as the assessee’s income is chargeable to tax as per Tonnage Tax Scheme.

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