{"id":35863,"date":"2023-08-27T18:47:30","date_gmt":"2023-08-27T13:17:30","guid":{"rendered":"https:\/\/itatonline.org\/digest\/eit-services-india-pvt-ltd-v-dy-cit-2022-100-itr-490-bang-trib\/"},"modified":"2023-08-27T18:47:30","modified_gmt":"2023-08-27T13:17:30","slug":"eit-services-india-pvt-ltd-v-dy-cit-2022-100-itr-490-bang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/eit-services-india-pvt-ltd-v-dy-cit-2022-100-itr-490-bang-trib\/","title":{"rendered":"EIT Services India Pvt. Ltd. v. Dy CIT (2022) 100 ITR 490 (Bang.)(Trib.)"},"content":{"rendered":"<p>Held, that employees\u2019 stock option expenses were deductible under section 37 of the Act. However, the Assessing Officer was to verify whether the amount had been subject to tax deduction at source under section 192 or section 195 as claimed by the assessee. Matter remanded. (AY. 2016-17)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Employees\u2019 Stock Option Scheme-Deducted  tax at source in respect of  share-based compensation under taxed in hands of  employees as perquisite-Cross-charge expenses-Allowable as deduction-Assessing Officer was directed  to verify whether amount subject to tax deduction at source-Matter Remanded. [S.  15, 17(1), 40(a)(i), 192, 195]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-35863","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9kr","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=35863"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35863\/revisions"}],"predecessor-version":[{"id":35864,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35863\/revisions\/35864"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=35863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=35863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=35863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}