INCOME TAX ACT, 1961

Section 37(1)

Business expenditure - Education cess - -

Assessee claimed deduction of education cess paid by it on total income. AO disallowed deduction in view of section 40(a)(ii).Held: Education cess was allowable as deductible under section 37(1).

Followed:Sesa Goa Ltd. v. Jt. CIT (2020) 423 ITR 426 (Bom-HC) : 2020 TaxPub(DT) 1546 (Bom-HC).

REFERRED :

FAVOUR : In assessee's favour.

A.Y. : 2012-13 & 2013-14

INCOME TAX ACT, 1961

Section 37(1)

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