Kotak Mahindra Bank Ltd. v. DCIT (2025) 211 ITD 608 (Mum) (Trib.)

S. 37(1) : Business expenditure-Discount on issuance of ESOPs is an allowable business expenditure.

Held that  discount on issuance of ESOPs is an allowable business expenditure. (AY. 2019-20)

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