Cess is not disallowed u/s 40(a)(ii) of the Income Tax Act, unlike other non-deductible rates or taxes.

Cess is not disallowed u/s 40(a)(ii) of the Income Tax Act, unlike other non-deductible rates or taxes. https://www.taxtmi.com/highlights?id=54457 Disallowance u/s 40(a)(ii) - though cess may be collected as part of income tax but that does not render such cess either rate or tax which cannot be deducted in terms of provision of section 40a(ii) - AT en-us Mon, 24 Aug 2020 12:09:40 +0530 Mon, 24 Aug 2020 12:09:40 +0530 TaxTMI RSS Generator Cess is not disallowed u/s 40(a)(ii) of the Income Tax Act, unlike other non-deductible rates or taxes. https://www.taxtmi.com/highlights?id=54457 Disallowance u/s 40(a)(ii) - though cess may be collected as part of income tax but that does not render such cess either rate or tax which cannot be deducted in terms of provision of section 40a(ii) - AT Highlights Income Tax Mon, 24 Aug 2020 12:09:40 +0530 https://www.taxtmi.com/highlights?id=54457