ESOP Expenditure and Out-of-Court Settlement Compensation for Right to Sue Are Allowable Business Deductions
ESOP Expenditure and Out-of-Court Settlement Compensation for Right to Sue Are Allowable Business Deductions Issue Whether ESOP expenditure reimbursable to a foreign holding company is allowable under Section 37(1) during the vesting period, even if options are exercised subsequently. Whether disallowance under Section 40(a)(ia) can be sustained for non-deduction of TDS on out-of-court settlement compensation… Read More »