profit on shares

CA Abhiram Bharat. (Assistant Manager Taxation)   (508 Points)

26 June 2010  

dear friends

kindly enlighten me regarding the following..its' urgent..

Status: Resident individual.

Q:profit on sale of shares under ESPP/ESOP from a co. outside india(SHARES NOT LISTED IN INDIA).

WHAT WILL BE THE TREATMENT OF ltcg/stcg?

WHETHER THE SAME IS CHARGEABLE UNDER CAPITAL GAINS OR OTHER SOURCES>>??

REGARDS:-

ABHIRAM (CA FINAL)

9654373858

C/O AGRAWAL DUGAR & ASSOCIATES