HomeDirect TaxESOP, IT Support and Promotional Expenses Allowable as Business Deductions: ITAT

ESOP, IT Support and Promotional Expenses Allowable as Business Deductions: ITAT

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The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has partly allowed the appeal against the assessment order passed by the Deputy Commissioner of Income Tax for Assessment Year 2015–16, granting significant relief on multiple disallowances including ESOP expenses, IT support charges, and promotional expenditure.  The bench of Vimal Kumar (Judicial Member) and S….

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Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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