Perquisite - Valuation of specified security not being an equity share in the company [Rule 3(9)] & Income pertaining to ESOP of start-ups.

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..... on which the option is exercised by the employee, shall be such value as determined by a merchant banker on the specified date. Tax payment in respect of income pertaining to Employee Stock Option Plan (ESOP) of start-ups [Inserted by Finance Act, 2020 , W.e.f. AY 2021-22] ESOPs have been a significant component of the compensation for the employees of start-ups, as it allows the founders and star .....

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..... h the assessee ceases to be the employee of the person; Whichever is the earliest on the basis of rates in force of the FY in which the said specified security or sweat equity share is allotted or transferred. - Manuals - Ready reckoner - Law and practice - Reference Guide - Quick Commentary Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMIT .....

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