https://www.taxtmi.com/caselaws?id=440102 The judgment partly allowed the Revenue's appeal for statistical purposes regarding the disallowance of employees' contribution to PF and ESIC under section 43B of the IT Act, while rejecting the appeal on the disallowance of Employees Stock Option Scheme expenses under section 37 of the Act. The Tribunal referred to legal interpretations and precedents in reaching its decision, restoring the issue of employees' contribution for further examination by the Assessing Officer based on directions from a similar Mumbai Tribunal case. en-us Tue, 04 Jul 2023 00:00:00 +0530 Sat, 08 Jul 2023 10:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440102 The judgment partly allowed the Revenue's appeal for statistical purposes regarding the disallowance of employees' contribution to PF and ESIC under section 43B of the IT Act, while rejecting the appeal on the disallowance of Employees Stock Option Scheme expenses under section 37 of the Act. The Tribunal referred to legal interpretations and precedents in reaching its decision, restoring the issue of employees' contribution for further examination by the Assessing Officer based on directions from a similar Mumbai Tribunal case. Case-Laws Income Tax Tue, 04 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440102