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Income Tax - Highlights / Catch Notes

Home Highlights April 2017 Year 2017 This

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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