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Income Tax - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

International Share Award Plan (ISAP) expenditure - The ...


ISAP Awards Seen as Employee Salary, Not Enduring Benefit for Assessee.

February 16, 2017

Case Laws     Income Tax     AT

International Share Award Plan (ISAP) expenditure - The expenditure on ISAP awards incurred by the assessee is akin to salary paid to the employees for their services which cannot be treated as enduring benefit to the assessee - AT

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