https://www.taxtmi.com/caselaws?id=470045 Revision under section 263 was unavailable because the Assessing Officer had examined the relevant claims and adopted legally permissible views. Employee stock option discount constituted employee cost deductible over the vesting period; the absence of detailed discussion in the assessment order did not establish lack of inquiry. Payments for standard online banner advertising through Facebook Ireland's platform did not grant rights, control, possession, or use of servers or equipment and therefore were business expenditure, not royalty or fees for technical services. Both revision grounds failed, and the assessment order remained undisturbed. en-us Tue, 31 May 2022 00:00:00 +0530 Tue, 14 Jul 2026 16:33:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470045 Revision under section 263 was unavailable because the Assessing Officer had examined the relevant claims and adopted legally permissible views. Employee stock option discount constituted employee cost deductible over the vesting period; the absence of detailed discussion in the assessment order did not establish lack of inquiry. Payments for standard online banner advertising through Facebook Ireland's platform did not grant rights, control, possession, or use of servers or equipment and therefore were business expenditure, not royalty or fees for technical services. Both revision grounds failed, and the assessment order remained undisturbed. Case-Laws Income Tax Tue, 31 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470045