That education cess paid was not an allowable deduction in computing total income by virtue of the amendment to section 40(a)(ii) of the Act with retrospective effect by the Finance Act, 2022, whereby education cess was brought within the scope of the term “tax”. (AY. 2013-14)
Srei Infrastructure Finance Ltd. v. Asst. CIT (2023)105 ITR 371 / 154 taxmann.com 650 / 225 TTJ 411(Kol) (Trib)
S. 40(a)(ii) : Amounts not deductible-Rates or tax-Tax includes Cess-Education cess is not deductible.