No addition can be made on amount debited to “Employees Share Option Scheme” for benefit of Employees of Company: ITAT [Read Order]

By Aparna. M - On May 23, 2023 9:30 am - 2 mins read

amount debited to Employees Share Option Scheme - Employees of Company - Employees Share Option Scheme - ITAT - taxscan

The Income Tax Appellate Tribunal (ITAT) of Mumbai bench recently held that no addition can be made on the amount debited to Employees Share Option Scheme” for the benefit of employees of the company. Assesee Unilever India Exports Limited is a wholly owned subsidiary of Hindustan Unilever Limited (HUL) and engaged in the manufacturing of…

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