https://www.taxtmi.com/caselaws?id=785501 Addition relating to employees stock option plan (ESOP) expenses addresses whether such expenditures are allowable against taxable income. The note states that the position is governed by a favourable jurisdictional high court decision recognising ESOP-related expenditures as deductible business expenditure, and that an adverse departmental challenge before the apex court does not, by itself, negate the existing high court precedent; consequently, a revenue challenge based on that ground is dismissed and the ESOP expenses are treated as allowable for computation of taxable income. en-us Wed, 21 Jan 2026 00:00:00 +0530 Sat, 24 Jan 2026 08:39:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785501 Addition relating to employees stock option plan (ESOP) expenses addresses whether such expenditures are allowable against taxable income. The note states that the position is governed by a favourable jurisdictional high court decision recognising ESOP-related expenditures as deductible business expenditure, and that an adverse departmental challenge before the apex court does not, by itself, negate the existing high court precedent; consequently, a revenue challenge based on that ground is dismissed and the ESOP expenses are treated as allowable for computation of taxable income. Case-Laws Income Tax Wed, 21 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785501