ESOP scheme-period of holding in case of employee

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..... ESOP scheme-period of holding in case of employee
Query (Issue) Started By: - Sanjeev Jain Dated:- 22-1-2020 Last Reply Date:- 9-7-2020 Income Tax
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Income Tax
The Company float .....

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..... ed the ESOP scheme on 31/03/2010. As per the ESOP scheme floated by the Company the shares are to be given to certain eligible employees. Employees can exercise shares at the prevailing market price. .....

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..... Shares were allotted to the employee on 31/03/2019. However, the Company credited the shares to the employee's account at the initial date when the scheme was launched based on the assumption that .....

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..... the employee will exercise his right. The employee sold shares on 01/01/2020. Will it be considered long term capital gains or short term capital gains? Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply .....

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..... : In my view it is a long term asset since the entries in the companies are during the year 2010/
Discussion Forum - Knowledge Sharing .....

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