https://www.taxtmi.com/caselaws?id=274241 The Court upheld the Tribunal's decision to treat the difference between market price and employees' stock option plan as revenue expenditure under Section 37(1) of the Act. The Court dismissed the Revenue's special leave petition, emphasizing that the Tribunal's decision was valid and consistent with previous rulings. Additionally, the Court ruled in favor of the assessee regarding the allowance of expenditure claim against business profit for employee stock compensation cost, stating that the questions of law had been settled in favor of the assessee in a prior case. en-us Thu, 21 Dec 2017 00:00:00 +0530 Fri, 03 Aug 2018 07:59:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274241 The Court upheld the Tribunal's decision to treat the difference between market price and employees' stock option plan as revenue expenditure under Section 37(1) of the Act. The Court dismissed the Revenue's special leave petition, emphasizing that the Tribunal's decision was valid and consistent with previous rulings. Additionally, the Court ruled in favor of the assessee regarding the allowance of expenditure claim against business profit for employee stock compensation cost, stating that the questions of law had been settled in favor of the assessee in a prior case. Case-Laws Income Tax Thu, 21 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274241