https://www.taxtmi.com/caselaws?id=469437 Employee Stock Option Plan expenditure was treated as revenue expenditure deductible under section 37(1) because the Tribunal followed its own earlier order in the assessee's case and applied the settled view that such ESOP cost is not capital in nature. On identical facts for prior years, the coordinate bench had already allowed the deduction. The Revenue's appeal therefore failed. en-us Thu, 30 Jan 2025 00:00:00 +0530 Wed, 17 Jun 2026 19:02:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469437 Employee Stock Option Plan expenditure was treated as revenue expenditure deductible under section 37(1) because the Tribunal followed its own earlier order in the assessee's case and applied the settled view that such ESOP cost is not capital in nature. On identical facts for prior years, the coordinate bench had already allowed the deduction. The Revenue's appeal therefore failed. Case-Laws Income Tax Thu, 30 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469437