Capital Gains


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Querist : Anonymous

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Querist : Anonymous (Querist)
21 May 2011 ESOP offered to an employee is taxable as a perquisite in the hand of an employee, but when sold in the market are gains arising on the sale of ESOP taxable under the head Capital Gains ?
If yes what shall be the cost of acquisition of those shares?

21 May 2011 IT WILL BE FMV TAXED AS PERQUISITE IN THE HANDS OF EMPLOYEE UNDER SECTION 17

CA MANOJ GUPTA
JODHPUR
09828510543

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 May 2011 thanks for your valuable reply.


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