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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Expenditure of ESOP - Expenditure in question was wholly and ...


Employee Stock Ownership Plan Expenses Qualify as Deductible Revenue Expenditure for Business Purposes Under Income Tax Law.

November 5, 2013

Case Laws     Income Tax     AT

Expenditure of ESOP - Expenditure in question was wholly and exclusively for the purpose of the business of the assessee and had to be allowed as deduction as a revenue expenditure - AT

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