https://www.taxtmi.com/news?id=25033 Health and Education Cess is not allowable as a business expenditure; taxes, including cesses and surcharges on income and profits imposed to fund welfare programmes, are excluded from computation of business income and not deductible as business expenses, and judicial allowances of such cesses run contrary to legislative intent. en-us Tue, 01 Feb 2022 13:49:55 +0530 Tue, 01 Feb 2022 13:49:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25033 Health and Education Cess is not allowable as a business expenditure; taxes, including cesses and surcharges on income and profits imposed to fund welfare programmes, are excluded from computation of business income and not deductible as business expenses, and judicial allowances of such cesses run contrary to legislative intent. News - Tue, 01 Feb 2022 13:49:55 +0530 https://www.taxtmi.com/news?id=25033