https://www.taxtmi.com/forum/issue?id=3405 Taxability of an employee's profit on company buyback of discounted shares turns on whether the shares were issued under a compliant employee stock option scheme (in which case issuance is not a perquisite) and on whether the shares are listed and satisfy the listed-securities exemption; if that exemption is unavailable, the proceeds are treated as capital gains and may qualify for the statutory long-term capital gains reinvestment exemption subject to conditions. en-us Sun, 18 Sep 2011 21:27:27 +0530 Thu, 23 Jan 2025 15:58:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3405 Taxability of an employee's profit on company buyback of discounted shares turns on whether the shares were issued under a compliant employee stock option scheme (in which case issuance is not a perquisite) and on whether the shares are listed and satisfy the listed-securities exemption; if that exemption is unavailable, the proceeds are treated as capital gains and may qualify for the statutory long-term capital gains reinvestment exemption subject to conditions. Discussion-Forum Income Tax Sun, 18 Sep 2011 21:27:27 +0530 https://www.taxtmi.com/forum/issue?id=3405