{"id":49769,"date":"2025-01-12T17:28:39","date_gmt":"2025-01-12T11:58:39","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dcit-v-cbre-south-asia-p-ltd-2024-207-itd-249-delhi-trib\/"},"modified":"2025-01-12T17:28:39","modified_gmt":"2025-01-12T11:58:39","slug":"dcit-v-cbre-south-asia-p-ltd-2024-207-itd-249-delhi-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dcit-v-cbre-south-asia-p-ltd-2024-207-itd-249-delhi-trib\/","title":{"rendered":"DCIT v. CBRE South Asia (P.) Ltd. (2024) 207 ITD 249 (Delhi) (Trib.)"},"content":{"rendered":"<p>Assessee-company claimed expense of certain amount on account of Employee Stock Option (ESOP). Assessee contended that shares of parent company in USA had been allotted as ESOP to assessee&#8217;s employees in India and assessee had paid for these stocks options to parent company.\u00a0 Assessing Officer disallowed expense on ESOP on ground that it was notional and contingent in nature.\u00a0 On appeal the\u00a0 Tribunal held that\u00a0 supporting invoices from assessee&#8217;s parent entity were placed on record before Assessing Officer to substantiate that expenses were actually incurred by assessee. Accordingly ESOP expenses\u00a0 is allowable as deduction. (AY. 2018-19)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.37(1): Business expenditure-Employee Stock Option (ESOP)-Disallowance is deleted. <\/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-49769","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-cWJ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49769","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=49769"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49769\/revisions"}],"predecessor-version":[{"id":49770,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49769\/revisions\/49770"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=49769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=49769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=49769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}