{"id":41748,"date":"2024-04-29T17:42:02","date_gmt":"2024-04-29T12:12:02","guid":{"rendered":"https:\/\/itatonline.org\/digest\/nuvama-wealth-and-investment-ltd-v-acit-2023-201-itd-242-hydtrib\/"},"modified":"2024-04-29T17:42:02","modified_gmt":"2024-04-29T12:12:02","slug":"nuvama-wealth-and-investment-ltd-v-acit-2023-201-itd-242-hydtrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/nuvama-wealth-and-investment-ltd-v-acit-2023-201-itd-242-hydtrib\/","title":{"rendered":"Nuvama Wealth and Investment Ltd. v ACIT [2023] 201 ITD 242 (Hyd)(Trib)"},"content":{"rendered":"<p>Tribunal held that CIT(A) failed to consider various contentions raised by the assessee that ESOP expenditure was a revenue expenditure in the hands of assessee-employer and no reasons were forthcoming for invoking provisions of Section 17(2)(vi)(c), mater was remanded to CIT(A) for reconsideration. (AY. 2017-18)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-\tEquity Stock Option Plan-ESOP expenses-Failure to consider the submissions-Matter remanded.[S. 17(2)(vi(c),192]   <\/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-41748","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-aRm","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41748","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=41748"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41748\/revisions"}],"predecessor-version":[{"id":41749,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41748\/revisions\/41749"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=41748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=41748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=41748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}