WitrynaNovember 2024, in the case of Biocon Ltd1 (Taxpayer) on the issue of allowability of Employee Stock Option Plan (ESOP) discount, being the difference between the market value of shares and the value at which employees are granted option to acquire shares of the employer (ESOP discount). The HC upheld the ruling of Special Bench (SB)2 of Witryna14 paź 2024 · ESOP is one of the modes of compensating the employees for their services with the intention to retain the dedicated employees to generate more …
Process for Shares Issue through Employee Stock Option Plan
Witrynadiscount on issue of ESOP’s (i.e. difference between the grant price and the market price) as on the date of grant of options was allowable as a deduction under section 37(1) of the ITA] and dismissed the Revenue’s appeal. Comment: The issue relating to … Witryna17 lip 2013 · Coming back to our context, it is seen that by undertaking to issue shares at discounted premium, the company does not pay anything to its employees but incurs obligation of issuing shares at a discounted price on a future date in lieu of their services, which is nothing but an expenditure u/s 37(1) of the Act. 9.2.8. Though discount on … foldingstatedescriptor
Discount on issue of ESOP is an... - Faceless Compliance - Facebook
Witryna20 sie 2013 · Assessee claimed discount under ESOP as employee compensation cost under section 37(1) of the Income tax Act, and claimed a deduction of 3.38 crore in conformity with SEBI Guidelines; … WitrynaNow there is no limit on %age of capital which can be issued as ESOP to foreign employees. Companies need to adhere the provisions of CA, 2013/ SEBI Regulations, as the case may be, while issuing ESOPs outside India. ... It was decided that discount under ESOP is in the nature of employee cost and hence is deductible during the … Witryna7 gru 2024 · The revenue authorities also argued that since no amount was actually paid by the Assessee to any other party, no expenditure was allowable under Section … folding stanley knife screwfix