Employee Stock Option Discounts Deductible as General Expense u/s 37(1) of Income Tax Act During Vesting Years.

Employee Stock Option Discounts Deductible as General Expense u/s 37(1) of Income Tax Act During Vesting Years. https://www.taxtmi.com/highlights?id=65490 Employee Stock Options (ESOP) expenditure - Disallowance u/s 37 - difference between the grant price and the market price on the shares as on the date of grant of options - the discount on ESOP being a general expense, is an allowable deduction u/s 37(1) of the Act during the years of vesting on basis of percentage of vesting during such period subject to upward or downward adjustment at the time of exercise of option - Claim allowed - AT en-us Tue, 06 Sep 2022 15:42:05 +0530 Tue, 06 Sep 2022 15:42:05 +0530 TaxTMI RSS Generator Employee Stock Option Discounts Deductible as General Expense u/s 37(1) of Income Tax Act During Vesting Years. https://www.taxtmi.com/highlights?id=65490 Employee Stock Options (ESOP) expenditure - Disallowance u/s 37 - difference between the grant price and the market price on the shares as on the date of grant of options - the discount on ESOP being a general expense, is an allowable deduction u/s 37(1) of the Act during the years of vesting on basis of percentage of vesting during such period subject to upward or downward adjustment at the time of exercise of option - Claim allowed - AT Highlights Income Tax Tue, 06 Sep 2022 15:42:05 +0530 https://www.taxtmi.com/highlights?id=65490