Employee Stock Option Scheme costs deemed revenue expenses, deductible for tax purposes by the tribunal.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Expenditure incurred on Employee Stock Option Scheme - revenue expenditure or capital expenditure - Tribunal was correct in holding that the ESOP expenditure is revenue in nature and the assessee is entitled for deduction. - HC....