employees received sweat equity shares

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how would i taxable sweat equity shares received an employee and sold within 12 month?
plz give me suggestion
Replies (1)

It would be short term capital gain or loss. If you sold on stock exchange and paid STT, tax rate is 15%, else taxable at normal slab rate.

Cost of shares would be fair value considered while calculating perquisites when shares were issued to him.


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