https://www.taxtmi.com/acts?id=7823 The amendment adds a new clause making allotment or transfer of specified securities and sweat equity shares to employees (including former employees) free or at concessional rate a category of employer-provided benefits; it defines "specified security" to include employees' stock options and defines "sweat equity shares" as discounted or non-cash equity issued for know-how or intellectual property. It also broadens the proviso exclusions to include display of products and expressly cover distribution of samples free or at concessional rate. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 19 Jan 2008 22:45:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=7823 The amendment adds a new clause making allotment or transfer of specified securities and sweat equity shares to employees (including former employees) free or at concessional rate a category of employer-provided benefits; it defines "specified security" to include employees' stock options and defines "sweat equity shares" as discounted or non-cash equity issued for know-how or intellectual property. It also broadens the proviso exclusions to include display of products and expressly cover distribution of samples free or at concessional rate. Act-Rules F. Acts / Amendment Acts Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=7823