Education cess cannot be disallowed under section 40(a)(ii)

LG Soft India Private Limited Vs DCIT (ITAT Bangalore)

The Hon’ble Bombay High Court in the case of Sesa Goa Limited v. JCIT (supra) had held education cess is an allowable expenditure as the word ‘cess’ is conspicuously absent under the provisions of section 40(a)(ii) of the I.T.Act

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