Dear Experts,
I have one query regarding Tax appliacbility on ESOP exercised related to Unlisted Company ( i.e Holding Company -USA Inc . ) .
Stock options of Parent USA company is granted to Subsidiary-Indian employees . In case the employee from subsidiary comapany quits and later on exercise his ESOP option .
What is the tax applicability here . Whether Ex-employer has the obligation to deduct tax or Its Ex-employees responsibility to report such gains and pay tax
Thank You
CAclubindia
