Saturday, November 28, 2020

Discount on issue of ESOPs is deducible u/s 37 as it is an exp. to secure services of employee

INCOME TAX : Discount on issue of ESOPs was allowable as a deduction under section 37(1) as primary object was not to waste capital but to earn profits by securing consistent services of employees

from www.taxmann.com Latest Case Laws https://ift.tt/2HJ4Hy2
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