ESOPs: A Tool to Motivate Employees with Stock Options as Remuneration, Allowing Deduction Claims for Discount Offered.

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....Employee's Stock Option Scheme (ESOP) - the primary object of this exercise is not to raise share capital but to earn profit by securing the consistent and concentrated efforts of dedicated employees during the vesting period, such discount is construed, both by the employees and the company, as nothing but a part of package of remuneration - claim of deduction allowed - AT....