https://www.taxtmi.com/caselaws?id=269722 The Tribunal allowed the appeal for statistical purposes regarding the taxation of Employees Stock Option Plan under fringe benefit tax for assessment year 2007-08. The Tribunal noted that the actual date of allotment or transfer of the stock option was crucial in determining the tax liability, as clarified by Circular No.9/2007 issued by the CBDT. Due to the lack of clarity on the allotment date in the record, the Tribunal remitted the issue back to the Assessing Officer for verification and directed a re-examination based on the actual allotment date. en-us Fri, 13 Nov 2015 00:00:00 +0530 Fri, 18 Dec 2015 20:06:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269722 The Tribunal allowed the appeal for statistical purposes regarding the taxation of Employees Stock Option Plan under fringe benefit tax for assessment year 2007-08. The Tribunal noted that the actual date of allotment or transfer of the stock option was crucial in determining the tax liability, as clarified by Circular No.9/2007 issued by the CBDT. Due to the lack of clarity on the allotment date in the record, the Tribunal remitted the issue back to the Assessing Officer for verification and directed a re-examination based on the actual allotment date. Case-Laws Income Tax Fri, 13 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269722