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of <h1>Income Tax Act Section 40(a)(iib) stops deductions for fees paid by State entities to their own State Government.</h1> Section 40(a)(iib) of the Income Tax Act disallows deductions for fees such as royalties, license fees, and service charges paid by State Government undertakings to the State Government. This disallowance applies only if the levy is imposed by the State Government, not the Central Government. A State Government undertaking includes entities like corporations established by state law, companies with over fifty percent state-held equity, and organizations where the State Government controls management or policy decisions. This provision aims to prevent deductions for payments that are essentially transfers within state-controlled entities.
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