ESOP Discount Allowed as Karnataka HC Precedent Covered Issue: ITAT Mumbai

Syngenta India Private Limited Vs ACIT (ITAT Mumbai) ITAT Admits Fresh Section 10(1) Claim Because Relevant Facts Were Already on Record; ITAT Remands Seed Business Exemption Claim Because Eligibility Requires Factual Verification; Fresh Tax Exemption Claim Can Be Raised Before ITAT Because Tribunal Has Wide Appellate Powers; DDT Refund Claim Rejected Because DTAA Does Not Apply to Dividend Distribution Tax. The appeals were filed by the assessee against separate orders of the Commissioner of Income Tax (Appeals)/National Faceless Appeal Centre (NFAC) for Assessment Years (AYs) 2015-16, 2016-1...