https://www.taxtmi.com/article/detailed?id=11219 Discounts on shares issued under ESOPs, computed against SEBI-based market value, have been characterised by authorities as an ascertained liability linked to employee remuneration; when the obligation crystallises at grant with only quantification pending, such discounts have been treated as business expenditure deductible under general deductibility principles because the primary object is to secure employee services to earn profits rather than to affect capital. en-us Sat, 18 Mar 2023 09:49:55 +0530 Sat, 18 Mar 2023 09:49:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11219 Discounts on shares issued under ESOPs, computed against SEBI-based market value, have been characterised by authorities as an ascertained liability linked to employee remuneration; when the obligation crystallises at grant with only quantification pending, such discounts have been treated as business expenditure deductible under general deductibility principles because the primary object is to secure employee services to earn profits rather than to affect capital. Articles Income Tax Sat, 18 Mar 2023 09:49:55 +0530 https://www.taxtmi.com/article/detailed?id=11219