https://www.taxtmi.com/caselaws?id=267595 The HC upheld the assessee's claim allowing the cost of Employees Stock Option (ESOP) to be debited to the profit and loss account. Relying on precedent from the Madras HC and its own prior ruling, the court ruled that such expenses are revenue in nature and should not be disallowed. The decision favored the assessee, permitting the deduction of ESOP-related costs. en-us Tue, 18 Aug 2015 00:00:00 +0530 Fri, 25 Jul 2025 12:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267595 The HC upheld the assessee's claim allowing the cost of Employees Stock Option (ESOP) to be debited to the profit and loss account. Relying on precedent from the Madras HC and its own prior ruling, the court ruled that such expenses are revenue in nature and should not be disallowed. The decision favored the assessee, permitting the deduction of ESOP-related costs. Case-Laws Income Tax Tue, 18 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267595