taxation of cash recd instead of ESOPS

An individual receives cash instead of ESOPS from a foreign company because the company has demerged. How would the cash received be taxed?
Replies (4)
Yes it's taxable income in hand of individual
Under which head and how??
As per a recent circular issued by the income tax department, the condition that STT should be paid on the acquisition of shares to qualify for the exemption from long-term capital gains (LTCG) tax is not applicable to shares allotted through ESOP, so long-term capital gain arising on sale of shares acquired under SEBI
it's profit in lieu of salary and it's taxable

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details