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Income Tax - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Disallowance of ESOP expenses - in terms of ESOP if an assessee ...

Case Laws     Income Tax

April 26, 2016

Disallowance of ESOP expenses - in terms of ESOP if an assessee offers shares of its parent company to its employees the difference between the FMV of the shares of the parent company on date of issue of shares and the price at which those shares were issued by the assessee to its employees had to be regarded as expenditure incurred for business purposes allowable u/s. 37(1) - AT

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