THE COMMISSIONER OF INCOME - TAX vs. M/S BIOCON LTD.,
In the result, we do not find any merit in this
ITA/653/2013HC Karnataka11 Nov 2020
Bench: ALOK ARADHE,H.T. NARENDRA PRASAD
Section 260Section 260ASection 37
transferred to the trust at the face
value and the employees of the assessee were allowed
to exercise the option to buy the shares within the time
prescribed under the scheme subject to terms and
conditions mentioned therein. The assessee claimed the
difference of market price and allotment price as a
discount and claimed the same as an expenditure under
