Employees Stock Option Scheme Compensation expense allowable

DCIT Vs M/s. Info Edge India Ltd. (ITAT Delhi) From the order of ld. CIT(A), it is clear that the ld. CIT(A) has relied on various decisions and has per the decisions relied by the ld. CIT(A), the ESOP has been treated as Revenue expenditure. The Revenue did not bring any contrary decision against the Special Bench decision in case of Biocon Ltd. (supra). It is not the case of Revenue that the decision of Special Bench of ITAT has been either set aside or reversed by Hon’ble Karnataka High Court. Keeping all these facts in view, we find that the ld. CIT(A) has rightly decided the issue in fa...