https://www.taxtmi.com/caselaws?id=470045 Revision under section 263 of the Income-tax Act, 1961 is discussed in relation to two issues: employee stock option discount and payments for online banner advertising. The notes state that employee stock option discount represents employee cost deductible over the vesting period, and that disclosure of relevant computation and accounting details may establish adequate inquiry even where the assessment order lacks detailed discussion. They also explain that payments for access to a standard online advertising platform, without rights, control, possession, or use of foreign servers or equipment, are characterised as business expenditure rather than royalty or fees for technical services. Where the Assessing Officer examines the relevant material and adopts a legally permissible view, revision under section 263 is described as unavailable. 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 of the Income-tax Act, 1961 is discussed in relation to two issues: employee stock option discount and payments for online banner advertising. The notes state that employee stock option discount represents employee cost deductible over the vesting period, and that disclosure of relevant computation and accounting details may establish adequate inquiry even where the assessment order lacks detailed discussion. They also explain that payments for access to a standard online advertising platform, without rights, control, possession, or use of foreign servers or equipment, are characterised as business expenditure rather than royalty or fees for technical services. Where the Assessing Officer examines the relevant material and adopts a legally permissible view, revision under section 263 is described as unavailable. Case-Laws Income Tax Tue, 31 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470045