salary ESOP

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 January 2010 can anyone help me about how percusite is calculated on ESOP (in Salary) as per our budget 2009?
Plz resolve urgently..
i will be thankful...

04 January 2010 Computation will be as follow according to section 17(2)(vi):

Taxable amt. in salary = Fair Market Price of shares transferred under ESOP - Amount paid by Employee

Suppore: FMV is Rs. 52 per share and 100 shares transferred under ESOP and amount paid by employee Rs. 15 per share.

Therefore, taxability :

= 52*100 - 15*100
= 3700

So, Rs. 3,700 will be included in the salary of employee.

Regards!!!
Dinesh S. Adhikari

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 January 2010 but will it be taxable totally or some exemption is allowed to it?




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