https://www.taxtmi.com/caselaws?id=372486 The Tribunal ruled in favor of the assessee, determining that the gains from the transfer of 3750 ESOP options should be treated as Long Term Capital Gains (LTCG) and allowed the deduction under section 54EC. The Tribunal also upheld the charging of interest under sections 234B and 234D but directed a re-computation of the interest. The assessee's appeal for Assessment Year 2007-08 was allowed. en-us Wed, 31 Oct 2018 00:00:00 +0530 Fri, 21 Dec 2018 15:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372486 The Tribunal ruled in favor of the assessee, determining that the gains from the transfer of 3750 ESOP options should be treated as Long Term Capital Gains (LTCG) and allowed the deduction under section 54EC. The Tribunal also upheld the charging of interest under sections 234B and 234D but directed a re-computation of the interest. The assessee's appeal for Assessment Year 2007-08 was allowed. Case-Laws Income Tax Wed, 31 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372486