In an equity-settled share-based payment, the employer company offers equity shares (including share options) as consideration in lieu of services of the employees.
In India large number of entities in India are involved in share-based payment transactions.
Such payments are also used by employers to give incentive to their employees to reward them for their efforts in improving its performance and remain committed to the Company.
Such payments are also offered to non-employees also including vendors and it is not limited to merely stock options to employees but also covers vendors for supply of goods and services. Indian Accounting Standard IndAS 102 already covers the share-based payments to non-employees.
ICAI has issued this Guidance Note to provide a uniform accounting principles and practices for all types of share-based payments for the companies following Accounting Standards under Companies (Accounting Standards) Rules, 2006, as amended under Section 133 of Companies Act, 2013.
When AO invoked provisions of section 37(1) to disallow purchases, provisions of section 69C of the Act are not applicable…
ITAT refuses to accept opening cash as source of cash deposit as assessee was not subject to audit and cash…
Mere preparation of income tax notice and forwarding the same for dispatch is not effective issuance of notice until it…
Agreement validly terminated prior to initiation of CIRP did not constitute “assets” or “property” of the corporate debtor u/s 14…
Supreme Court explains jurisdiction of courts under NI Act for dishonour of account payee or bearer cheques In a recent…
Advances received in normal course of business and adjusted against sale bills cannot be added u/s 68 of the Income…