Reporting of capital gain on sale of ESOPs in foreign company
This query is : Resolved
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06 December 2021
Dear Sir / Madam,
My query is as follows:
Mr A, Indian resident, is working with Subsidiary company of an MNC. He received few shares under ESOPs in listed foreign company during his employment. He sold these shares in FY 2020-21. I wish to know how to report capital gain on sale of these shares of foreign company in his Income tax return? I have no idea how to report foreign income. Any specific form is also required to be filed, documents to be seen??
Kindly guide.
Thanks & Regards,
Suraj
My query is as follows:
Mr A, Indian resident, is working with Subsidiary company of an MNC. He received few shares under ESOPs in listed foreign company during his employment. He sold these shares in FY 2020-21. I wish to know how to report capital gain on sale of these shares of foreign company in his Income tax return? I have no idea how to report foreign income. Any specific form is also required to be filed, documents to be seen??
Kindly guide.
Thanks & Regards,
Suraj
02 January 2022
https://taxguru.in/income-tax/taxation-employee-stock-options-domestic-foreign-companies.html
Or ... https://cleartax.in/s/taxation-on-esop-rsu-stock-options
Or ... https://cleartax.in/s/taxation-on-esop-rsu-stock-options
Message likes :
2 times
02 January 2022
Thank You Rambhia Sir. Another thing is that 1) how to fill up FSI, TR, FA & unlisted shares schedules in ITR form and Form 67?
02 January 2022
https://www.incometax.gov.in/iec/foportal/help/statutory-forms/popular-form/form67-um
https://cleartax.in/s/form-67-claim-foreign-tax-credit
https://cleartax.in/s/form-67-claim-foreign-tax-credit
Message likes :
1 times
03 January 2022
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