« Top Headlines » Open DEMAT Account in 24 hrs  Mock Test Papers Series - I & II for Students appearing in CA Foundation January 2027 Examination.  Income Tax Rules 2026: CBDT Introduces Revised Form 161 for Penalty Waiver, Clarifies Misreporting Categories and Taxpayer Relief  ITR Filing and Income Tax Audit Deadline Extended: 5 Critical Things Taxpayers Must Know  Filing Belated ITR for AY 2026-27? Know Which Losses You Can Carry Forward and Which You May Lose  CBDT Extends Tax Audit Report Deadline to October 21, ITR Filing Last Date to November 21 for AY 2026-27  CBDT Extends AY 2026-27 ITR Filing Deadline for Tax-Audit Cases: New Dates and Key Compliance Details  Foreign Assets Missing From Your ITR? Income Tax Department Opens One-Time Disclosure Window  Tax Audit Deadline September 30: Why AIS, TDS and GST Figures May Not Match Your ITR and What Taxpayers Should Do  Tax audit deadline September 30: Common mistakes taxpayers should avoid  Your ITR says ‘verified’, but the refund hasn’t arrived? 5 reasons why your money could be stuck  Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money «  Income Tax dept moves SC against Infosys... SC upholds Coke stand on taxing warehousing fee... » ESOPs guidelines expected by Sep 14 September, 11th 2007 The finance ministry is expected to issue the fair market valuation guidelines for employees stock option plans (ESOPs) by Friday.   If the valuation norms are not announced by then, the due date for paying advance fringe benefit tax (FBT) on ESOPs is likely to be extended beyond September 15. It is to be noted that September 15 is the due date for paying advance tax for the second quarter of the current financial year.   Companies will be paying advance tax on ESOPs for the first quarter along with the second quarter as they have not paid the tax in the first quarter due to the absence of valuation norms.   The law ministry is vetting the proposed valuation method and is expected to clear it by Friday, a source familiar with the development said.   If it is not cleared by Friday, chances are that the notification may come in the subsequent week.   The valuation method could be a mix of the Securities Exchange Board of Indias prescribed method for the valuation of listed shares and wealth tax rules applicable for unlisted shares for the valuation purposes, said Govardhan Purohit, executive director, PricewaterhouseCoopers.   The companies are awaiting the finance ministrys word in this regard.