PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Expenditure incurred in respect of ESOP (Employees Stock Option Programme) - the employees have been given shares of the holding company at a discounted price and the assessee has borne the discount amount on behalf of its employees. - Hence, in effect, it is a staff welfare programme of the assessee and hence the same is allowable as deduction u/s 37(1) - AT
Expenditure incurred in respect of ESOP (Employees Stock Option Programme) - the employees have been given shares of the holding company at a discounted price and the assessee has borne the discount amount on behalf of its employees. - Hence, in effect, it is a staff welfare programme of the assessee and hence the same is allowable as deduction u/s 37(1) - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4827 
Join Channel 
