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Income Tax - Highlights / Catch Notes

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Allowable revenue expenditure u/s 37(1) - difference between the ...

Income Tax

August 30, 2022

Allowable revenue expenditure u/s 37(1) - difference between the price at which stock options were offered to employees of the appellant company under ESOP and ESPS and the prevailing market price of the stock on the date of grant of such options - Claim allowed as revenue expenditure - HC

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