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2022 (3) TMI 1190 - AT - Income TaxDisallowing Employees Stock Option Expenses (ESOP) - HELD THAT:- We find that Co-ordinate Bench of ITAT Delhi has already taken view in favour of the assessee in the case of ACIT vs. People Strong HR Services (P.) Ltd. [2021 (12) TMI 553 - ITAT DELHI]. Neither side, in the present appeal before us, has brought any relevant facts or circumstances for our consideration to distinguish the present case before us from the facts and circumstances of ACIT vs. People Strong HR Services (P.) Ltd. (supra). Further, the issue has been decided in favour of the assessee in the aforesaid precedents in the cases of Pr. CIT vs. New Delhi Television Ltd. [2020 (6) TMI 409 - ITAT DELHI], CIT vs. Lemon Tree Hotels Ltd. [2018 (4) TMI 1680 - DELHI HIGH COURT]; Biocon Ltd. [2020 (11) TMI 779 - KARNATAKA HIGH COURT] Neither side has brought any facts and circumstances for our consideration to distinguish the present case from the facts and circumstances of the aforesaid circumstances. - Decided in favour of assessee.
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