Tribunal held that expenses stock option plan expenses is held to be allowable as revenue expenditure. The direction of CIT (A) was modified to the extent of pertaining to earlier years (AY.2012-13)
ACIT v. Indiabulls Ventures Ltd. (2020) 80 ITR 5 (SN) (Delhi)(Trib.)
S. 37(1) : Business expenditure-Employees stock option plan Expenses-Allowable as revenue expenditure.