Held that Commissioner (Appeals) was justified in deleting addition on account of disallowance of ESOP expenses by holding notional discount on shares issued under ESOP scheme as revenue expenditure. (AY. 2014-15)
ACIT v. People Strong HR Services (P.) Ltd. (2022) 193 ITD 105 (Delhi)(Trib.)
S. 37(1) : Business expenditure-ESOP Scheme-Discount on shares allotted by assessee to its employee under ESOP Scheme is revenue expenditure.