ESOP Market Value Difference Allowable as Revenue Expenditure u/s 37(1); No TDS Required on Expenditure.

Amount of difference between the market value of the shares issue under ESOP allotted to the employees debited to the profit and loss account in accordance to SEBI guidelines is an ascertain liability and allowable as revenue expenditure u/s 37(1) - No TDS on such expenditure - AT .....

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