https://www.taxtmi.com/caselaws?id=305640 The ITAT allowed the appeal regarding the disallowance of ESOP expenses, recognizing them as revenue expenditure based on precedents and valuation methods. The matter of R&D expenditure was remanded to the CIT(A) for reconsideration in light of additional evidence provided by the assessee, with the ITAT admitting the evidence to address previous queries. The appeal was allowed, and the order was pronounced on 01/11/2021. en-us Mon, 01 Nov 2021 00:00:00 +0530 Sat, 17 Dec 2022 09:17:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305640 The ITAT allowed the appeal regarding the disallowance of ESOP expenses, recognizing them as revenue expenditure based on precedents and valuation methods. The matter of R&D expenditure was remanded to the CIT(A) for reconsideration in light of additional evidence provided by the assessee, with the ITAT admitting the evidence to address previous queries. The appeal was allowed, and the order was pronounced on 01/11/2021. Case-Laws Income Tax Mon, 01 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305640