https://www.taxtmi.com/caselaws?id=284408 The Tribunal upheld the Ld. CIT(A)'s order, ruling in favor of the assessee by allowing Employee Stock Option Plan (ESOP) expenses as revenue expenditure under section 37(1) of the Income Tax Act 1961. The decision was based on previous rulings and the Co-ordinate Bench's order for the assessment year 2009-10, emphasizing consistency in treating ESOP expenses as revenue expenditure. en-us Fri, 24 Nov 2017 00:00:00 +0530 Mon, 20 Jan 2020 12:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284408 The Tribunal upheld the Ld. CIT(A)'s order, ruling in favor of the assessee by allowing Employee Stock Option Plan (ESOP) expenses as revenue expenditure under section 37(1) of the Income Tax Act 1961. The decision was based on previous rulings and the Co-ordinate Bench's order for the assessment year 2009-10, emphasizing consistency in treating ESOP expenses as revenue expenditure. Case-Laws Income Tax Fri, 24 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284408