Deduction for ESOP expenses and CA-certified share valuation for Section 56(2)(viib) are legally allowable.
Deduction for ESOP expenses and CA-certified share valuation for Section 56(2)(viib) are legally allowable. Issue Whether deduction for Employee Stock Option Scheme (ESOP) expenditure is allowable as business expenditure, and whether a share valuation report from a Chartered Accountant under Section 56(2)(viib) for AY 2018-19 can be rejected solely on the ground that it was… Read More »