https://www.taxtmi.com/caselaws?id=406795 The ITAT dismissed the Revenue's appeal regarding the disallowance of ESOP expenditure and interest expenditure, upholding the CIT(A)'s decisions based on precedents. The disallowance under section 43B towards Gratuity provision was allowed by the CIT(A) and upheld by the ITAT, referencing relevant case law. The judgments were pronounced on 20th April 2021, with the ITAT dismissing the Revenue's appeal in ITA No. 252/Hyd/2018 and allowing the assessee's appeal in ITA No. 907/Hyd/2019. en-us Tue, 20 Apr 2021 00:00:00 +0530 Fri, 23 Apr 2021 21:04:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406795 The ITAT dismissed the Revenue's appeal regarding the disallowance of ESOP expenditure and interest expenditure, upholding the CIT(A)'s decisions based on precedents. The disallowance under section 43B towards Gratuity provision was allowed by the CIT(A) and upheld by the ITAT, referencing relevant case law. The judgments were pronounced on 20th April 2021, with the ITAT dismissing the Revenue's appeal in ITA No. 252/Hyd/2018 and allowing the assessee's appeal in ITA No. 907/Hyd/2019. Case-Laws Income Tax Tue, 20 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406795