Disallowance of compensation paid on account of Employee Stock ...
Court Rules ESOP Compensation Disallowance Not a Business Expense; CBDT Circular Can Benefit Assessees.
April 28, 2017
Case Laws Income Tax AT
Disallowance of compensation paid on account of Employee Stock Option Plan (ESOP) - Business expenditure - The Circular issued by the CBDT is binding on the tax authorities and the same could be used by the assessee if proved beneficial to the assessee. - AT
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