what is the cost of acquisition in ESOP/ ESOS?
This query is : Resolved
16 June 2010
Is the shares acquired under ESOP/ESOS liable to capital gains tax even if the same has been taxed under perquisites and included in salary income in the year of such allotment?
what is the cost of acquisition in such a case ?
a. FMV of the shares as on the date of allotment
or
b. Value of perquisities taxed in the hands of employee
what is the cost of acquisition in such a case ?
a. FMV of the shares as on the date of allotment
or
b. Value of perquisities taxed in the hands of employee
16 June 2010
Let me give an example
Mr.X receives 100 shares under ESOP from his employer free of cost. His employer has included this under fringe benefits to the tune of Rs. 15000 and included the perquisite u/s 17(2) as Salary Income. If Mr. X exercises the option and sells the shares at Rs. 120 each, then
1. what is the cost of aquisition ?
2. What is the amount of capital gains ( assuming short term)?
Mr.X receives 100 shares under ESOP from his employer free of cost. His employer has included this under fringe benefits to the tune of Rs. 15000 and included the perquisite u/s 17(2) as Salary Income. If Mr. X exercises the option and sells the shares at Rs. 120 each, then
1. what is the cost of aquisition ?
2. What is the amount of capital gains ( assuming short term)?
03 August 2025
https://docs.google.com/document/d/1M9j3sHu0vPh7Rp6-SADnJ6SgXLeKa-BYyWrCu-y7Xmw/edit?usp=sharing
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