Tax on salaries

Employees of Subsidiary company are given opportunity to buy shares of Parent Company( Foreign Company , stocks traded in NASDAQ) at discount price of 15% on MP, is that 15% discount taxable as perquisite in the hand of employee and subject to TDS to be deducted by Subsidiary Indian company..?

Replies (1)

Yes,It will be subject to tax  as perquisite and subject to TDS

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