2019 (4) TMI 1181

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... the Respondent ORDER P.C.: 1. Heard. 2. The appeals are admitted for consideration of following substantial questions of law:- (a) Whether on the facts and in the circumstances of the case and in law, the Tribunal is correct in holding that the stock options granted to the appellant were nothing but in the real sense stock appreciation rights akin to that adjudicated in Sumit Bhattacharya ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

...., the benefit accruing from the stock options is assessable as perquisites defined under Section 17(2)(iii) of the Act? (d) Whether on the facts and in the circumstances of the case and in law, the Tribunal misdirected itself in holding that decision of the Apex Court in CIT V/s. Infosys Technologies Limited (2008) 297 ITR 167 is distinguishable and not applicable to the appellant's case? ....