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2023 (8) TMI 1471

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..... eceived monetary compensation against 33,482 Employee Stock Options (ESOPs) from a group company of its previous employer a company incorporated in Singapore - HELD THAT:- We notice, albeit upon perusal of the impugned order that initially, the ESOPs granted to the petitioner numbered 1,27,552; this position obtained as on 01.11.2014. It appears that because of disinvestment carried out in FPS, th .....

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..... ulati, Sr Adv. with Mr. Kishore Kunal, Adv. For the Respondents : Mr. Prashant Meharchandani, Sr Standing Counsel. ORDER [Physical Hearing/Hybrid Hearing (as per request)] 1. This writ petition is directed against the order dated 15.07.2023 passed by the respondents/revenue, with regard to the petitioner s application dated 23.05.2023, seeking issuance of a certificate for deduction of tax at sour .....

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..... d amount was paid, according to the petitioner, as compensation. 5. We would like the petitioner to place on record the details as to how the stock options fell from the initial number, i.e., from 1,27552 to 33,482. 6. Learned counsel for the petitioner says that he will file an additional affidavit to explain the exact position. 6.1 The affidavit will be filed within the next 10 days; a copy of w .....

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