Intrinsic value redefined as the difference between settlement price and strike price under amended finance provision. The amendment substitutes the term 'settlement price' with 'intrinsic value' in the designated sub clause of the Finance (No. 2) Act, 2004 and inserts an Explanation defining 'intrinsic value' as the difference between the settlement price and the strike price.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Intrinsic value redefined as the difference between settlement price and strike price under amended finance provision.
The amendment substitutes the term "settlement price" with "intrinsic value" in the designated sub clause of the Finance (No. 2) Act, 2004 and inserts an Explanation defining "intrinsic value" as the difference between the settlement price and the strike price.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
