Discount on Issue of ESOP Deductible from Business Income: ITAT grants Relief to Morgan Stanley [Read Order]

Discount - ESOP - Business Income - ITAT - Morgan Stanley - taxscan

In a major relief to Morgan Stanley Advantage Services Pvt. Ltd, a division bench of the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) comprising Shri Kuldip Singh, Judicial Member and Shri Gagan Goyal, Accountant Member has held that the discount on issue of ESOP is allowable as deduction while computing Business Income under…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹1199 + GST for 1 year

Subscribe Now

taxscan-loader