Hi Experts,
I have declared "Stock Options (non qualified options)" in section 17(2) of 1b in ITR2.
Company has already sold part of the shares to cover for tax liabilities. I entered the overall value of the shares allocated in "Stock Options" in section 17(2).
I have the following doubt
1. Should I add "Tax paid by employer on non-monetary perquisite" in section 17(2) and provide details of the tax paid? It is worth noting that company has already sold relevant stocks to cover for tax liabilities.
2. Should I also add "Tax paid by employer on non-monetary perquisite" in section 10(10CC)?
What is the difference between section 17(2) and section 10(10CC), though both categories mention about "Tax paid by employer on non-monetary perquisite"?
CAclubindia
