https://www.taxtmi.com/caselaws?id=436509 The Tribunal set aside the CIT(A)'s order disallowing the Employee Stock Option Plan (ESOP) cost claimed by the assessee as expenditure, citing lack of reasoning and failure to address the assessee's contentions. Emphasizing the necessity of detailed justifications in judicial orders, the Tribunal directed the CIT(A) to provide a speaking order after affording both parties an opportunity. The case was remanded back to the CIT(A) for a comprehensive and reasoned decision, stressing the importance of proper justification in tax matters. en-us Wed, 12 Apr 2023 00:00:00 +0530 Fri, 14 Apr 2023 09:02:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436509 The Tribunal set aside the CIT(A)'s order disallowing the Employee Stock Option Plan (ESOP) cost claimed by the assessee as expenditure, citing lack of reasoning and failure to address the assessee's contentions. Emphasizing the necessity of detailed justifications in judicial orders, the Tribunal directed the CIT(A) to provide a speaking order after affording both parties an opportunity. The case was remanded back to the CIT(A) for a comprehensive and reasoned decision, stressing the importance of proper justification in tax matters. Case-Laws Income Tax Wed, 12 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436509