Taxable value of perquisite being sweat equity shares allotted by the – McqOptions

MCQOPTIONS

1.	Taxable value of perquisite being sweat equity shares allotted by the employer is:
A.	The fair market value of such shares as on the date when such option is exercised by the employee as reduced by the amount paid
B.	The fair market value of such shares as on the date when such option is vested to the employee as reduced by the amount paid
C.	Fair market value subject to standard deduction of Rs. 50,000
D.	Not taxable in hands of employee.
Answer» B. The fair market value of such shares as on the date when such option is vested to the employee as reduced by the amount paid

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