CA Club Member (student) (210 Points)
04 July 2015Hi Friends, Just a doubt, is education cess of total of 3% applicable on total income calculation or not ?, since it is subsumed in the service tax rate, for income tax liability calculation, should we include cess or not ?
Request you to answer as soon as possible !
CMA Poornima Madhava
(CMA)
(13112 Points)
Replied 04 July 2015
As I understand, there is no exemption of EC & SHEC under Income Tax.
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies
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