Amendment of section 115WC

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..... sub-section (1), after clause (b), the following shall be inserted with effect from the 1st day of April, 2008, namely:— '(ba) the fair market value of the specified security or sweat equity shares r .....

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..... ii) "option" means a right but not an obligation granted to an employee to apply for the specified security or sweat equity shares at a predetermined price.'. -
Statute, statutory provisions legisl .....

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