Claim for Deduction of Educational Cess not Allowable: ITAT [Read Order]

Claim - Deduction - Educational Cess - ITAT - taxscan

The Income Tax Appellate Tribunal “B” Bench, Mumbai, has, recently, in an appeal filed before it by the assessee, held that claim for deduction of educational cess is not allowable in view of the retrospective amendment brought by the Finance Act, 2022. The aforesaid observation was made by the Tribunal when the assessee, a Government…

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