{"id":50977,"date":"2025-02-08T16:31:22","date_gmt":"2025-02-08T11:01:22","guid":{"rendered":"https:\/\/itatonline.org\/digest\/city-union-bank-ltd-v-dy-cit-2024112-itr-337-229-ttj-139-chennaitrib-6\/"},"modified":"2025-02-08T16:31:22","modified_gmt":"2025-02-08T11:01:22","slug":"city-union-bank-ltd-v-dy-cit-2024112-itr-337-229-ttj-139-chennaitrib-6","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/city-union-bank-ltd-v-dy-cit-2024112-itr-337-229-ttj-139-chennaitrib-6\/","title":{"rendered":"City Union Bank Ltd. v. Dy. CIT (2024)112 ITR 337 \/229 TTJ 139 (Chennai)(Trib)"},"content":{"rendered":"<p>Held that the assessee had deducted the difference between the market price and the price at which the option was exercised by the employees, the Assessing Officer had completely erred in recomputing the deduction without assigning proper reasons. Therefore, the employees stock option scheme expenses were allowable deduction. \u00a0(AY. 2015-16 to 2017-18)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.37(1): Business expenditure-Employees\u2019 Stock Option Scheme Expenses-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-50977","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-dgd","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50977","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=50977"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50977\/revisions"}],"predecessor-version":[{"id":50978,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50977\/revisions\/50978"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=50977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=50977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=50977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}