https://www.taxtmi.com/caselaws?id=293842 The ITAT Delhi allowed the appeal of the assessee, overturning the disallowance of Stock Appreciation Right (SAR) expenses. The Tribunal emphasized the expenses as revenue expenditure, following precedents and legal provisions. The decision was based on the earlier favorable ruling for AY 2008-09, where the issue was decided in favor of the appellant. The Tribunal upheld the importance of consistency in applying legal principles and precedents in tax cases, ultimately ruling in favor of the assessee. en-us Thu, 28 Mar 2019 00:00:00 +0530 Fri, 05 Mar 2021 09:38:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293842 The ITAT Delhi allowed the appeal of the assessee, overturning the disallowance of Stock Appreciation Right (SAR) expenses. The Tribunal emphasized the expenses as revenue expenditure, following precedents and legal provisions. The decision was based on the earlier favorable ruling for AY 2008-09, where the issue was decided in favor of the appellant. The Tribunal upheld the importance of consistency in applying legal principles and precedents in tax cases, ultimately ruling in favor of the assessee. Case-Laws Income Tax Thu, 28 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293842