https://www.taxtmi.com/caselaws?id=413345 The ITAT partly allowed the appeal filed by the assessee concerning the deduction of education cess on Income-tax. The Hon'ble Bombay High Court held that education cess is an allowable expenditure as it is not mentioned in the relevant provision of the Income Tax Act. Referring to a CBDT Circular and decisions of other High Courts, the Tribunal concluded that education cess should be allowed as a deduction. The order was pronounced on September 28, 2021, in favor of the assessee. en-us Tue, 28 Sep 2021 00:00:00 +0530 Sat, 09 Oct 2021 08:20:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413345 The ITAT partly allowed the appeal filed by the assessee concerning the deduction of education cess on Income-tax. The Hon'ble Bombay High Court held that education cess is an allowable expenditure as it is not mentioned in the relevant provision of the Income Tax Act. Referring to a CBDT Circular and decisions of other High Courts, the Tribunal concluded that education cess should be allowed as a deduction. The order was pronounced on September 28, 2021, in favor of the assessee. Case-Laws Income Tax Tue, 28 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413345