ITAT Holds Reimbursement of ESOP Cost to Foreign Parent Company is Business Expenditure Deductible Under Section 37(1):
The ITAT Ahmedabad has held that reimbursement of ESOP costs by an Indian subsidiary to its foreign parent company constitutes employee compensation incurred for business purposes
ITAT Deletes Disallowance of Rs 51.68 Lakh
Saima
Jul 22, 2026
Premium
ITAT Holds Reimbursement of ESOP Cost to Foreign Parent Company is Business Expenditure Deductible Under Section 37(1)
The ITAT Ahmedabad has held that reimbursement of ESOP costs by an Indian subsidiary to its foreign parent company constitutes employee compensation incurred for business purposes
Also Read
ITAT Allows Section 80P(2)(a)(i) Deduction on Interest Earned from Statutory Deposits with Co-operative BanksITAT Upholds PCIT's Revisionary Order Under Section 263 for Fresh Verification ITAT Remands Reassessment to AO to Examine Validity of Notice Issued in Another Person’s NameITAT Remands Section 80P Deduction Claim for Fresh Adjudication
About Author
Saima
Content Writer
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
StudyCafe
Delhi, Delhi, India
623My Recent Articles
- ITAT Allows Section 80P(2)(a)(i) Deduction on Interest Earned from Statutory Deposits with Co-operative Banks
- ITAT Upholds PCIT's Revisionary Order Under Section 263 for Fresh Verification
- ITAT Remands Reassessment to AO to Examine Validity of Notice Issued in Another Person’s Name
- ITAT Remands Section 80P Deduction Claim for Fresh Adjudication
- ITAT Remands Demonetisation Cash Deposit Case After Assessee Suffers Severe Fire Injuries
Up Next
Loading suggestions…
Recent Posts
All Posts
Recent Posts
All Posts