https://www.taxtmi.com/caselaws?id=301309 The Tribunal partly allowed the assessee's appeals, directing the AO to allow the ESOP expenses claimed for the assessment years 2008-09, 2009-10, and 2010-11, citing precedents such as Biocon Ltd. and Lemon Tree Hotels Ltd. Additionally, the Tribunal corrected the quantification error in the depreciation of the non-refundable deposit paid to IRCTC for the same assessment years, in accordance with the CIT(A)'s decision. en-us Fri, 16 Mar 2018 00:00:00 +0530 Sat, 26 Mar 2022 08:58:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301309 The Tribunal partly allowed the assessee's appeals, directing the AO to allow the ESOP expenses claimed for the assessment years 2008-09, 2009-10, and 2010-11, citing precedents such as Biocon Ltd. and Lemon Tree Hotels Ltd. Additionally, the Tribunal corrected the quantification error in the depreciation of the non-refundable deposit paid to IRCTC for the same assessment years, in accordance with the CIT(A)'s decision. Case-Laws Income Tax Fri, 16 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301309