https://www.taxtmi.com/highlights?id=66738 Disallowance with respect to expenditure on ESOP u/s 37 - the expenditure in question is wholly and exclusively for the purpose of the business of the assessee and the fact that the parent company is also benefited by reason of a motivated work force would be no ground to deny the claim of the assessee for deduction, which otherwise satisfies all the conditions referred to in section 37(1) - claim allowed - AT en-us Thu, 24 Nov 2022 11:56:52 +0530 Thu, 24 Nov 2022 11:56:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66738 Disallowance with respect to expenditure on ESOP u/s 37 - the expenditure in question is wholly and exclusively for the purpose of the business of the assessee and the fact that the parent company is also benefited by reason of a motivated work force would be no ground to deny the claim of the assessee for deduction, which otherwise satisfies all the conditions referred to in section 37(1) - claim allowed - AT Highlights Income Tax Thu, 24 Nov 2022 11:56:52 +0530 https://www.taxtmi.com/highlights?id=66738