{"id":5829,"date":"2018-03-22T11:48:55","date_gmt":"2018-03-22T06:18:55","guid":{"rendered":"https:\/\/www.hostbooks.com\/in\/?p=5829"},"modified":"2018-08-09T16:22:53","modified_gmt":"2018-08-09T10:52:53","slug":"rule-40d-valuation-specified-security-not-equity-share-company","status":"publish","type":"post","link":"https:\/\/www.hostbooks.com\/in\/hb\/all-rules\/rule-40d-valuation-specified-security-not-equity-share-company\/","title":{"rendered":"Rule &#8211; 40D, Valuation of specified security not being an equity share in the company"},"content":{"rendered":"<div id=\"dvHtmlContent\" class=\"viewerContent\">\n<div>\n<div id=\"103520000000014912\">\n<div>\n<p><b>40D<\/b><b>.<\/b>\u00a0For the purposes of clause (<i>ba<\/i>) of sub-section (1) of section 115WC, the fair market value of any specified security, not being an equity share in a company, on the date on which the option vests with the employee, shall be such value as determined by a merchant banker on the specified date.<\/p>\n<p><i>Explanation.<\/i>\u2014For the purposes of this rule, &#8220;merchant banker&#8221; and &#8220;specified date&#8221; shall have the meanings assigned to them in clause (<i>b<\/i>) and clause (<i>e<\/i>) respectively of sub-rule (4) of rule 40C.]<\/p>\n<\/div>\n<div id=\"footnote\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"dvFooter\" class=\"viewerFooter\">\n<div class=\"section the_content has_content\">\n<div class=\"section_wrapper\">\n<div class=\"the_content_wrapper\">\n<p>Reference: www.incometaxindia.gov.in<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"section section-post-footer\"><\/div>\n<div class=\"section section-post-about\"><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>40D.\u00a0For the purposes of clause (ba) of sub-section (1) of section 115WC, the fair market<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":68,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1439,1440],"tags":[],"yst_prominent_words":[8462,890,478,8461,7695,1363,564,1698,1522,1694],"_links":{"self":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/posts\/5829"}],"collection":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/users\/68"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/comments?post=5829"}],"version-history":[{"count":1,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/posts\/5829\/revisions"}],"predecessor-version":[{"id":6992,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/posts\/5829\/revisions\/6992"}],"wp:attachment":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/media?parent=5829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/categories?post=5829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/tags?post=5829"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/yst_prominent_words?post=5829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}