hi frndz...
cn ny1 explain d concept of exemption of education n SAH edu cess on CVD 3(1)
m realy very cnfused....
thnku in advance
Somaas Kandan
(CA Final)
(385 Points)
Replied 13 August 2013
Earlier Education and S&H cess were calculated for CVD and also for both BCD and CVD again, but now we should calculate cess on both BCD and CVD only and not on CVD individually as it is exempted from PY onwards.