This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
ESOP/ISOP reimbursement is not capital or contingent expense: ITAT Mumbai deletes disallowance u/s 37
Case Law Details
- Case Name
- Procter & Gamble Hygiene & Health Care Ltd Vs Assessment Unit (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2015-16
- Courts
- All ITAT, ITAT Mumbai
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Procter & Gamble Hygiene & Health Care Ltd Vs Assessment Unit (ITAT Mumbai)
ESOP reimbursement not capital or contingent: ITAT Mumbai deletes disallowance u/s 37
ITAT Mumbai allowed the appeal of Procter & Gamble Hygiene & Health Care Ltd., deleting a disallowance of ₹11.17 crore u/s 37(1) related to employee benefit expenses incurred for ESOP & ISOP schemes offered by its US-based holding company.
The parent company (Procter & Gamble Co., USA) offered ESOP (Employee Stock Option Plan): Stock-based incentives based on vesting & ISOP (International Stock Ownership ...
Author Info
