https://www.taxtmi.com/highlights?id=50765 Sale of shares allotted to the assessee under employee stock option plan[ ESOP] and taking the sale value above fair market value as income from other source u/s 56 (2) (vii) - there is no transfer of any controlling interest - assessee has sold the shares and has not received any other property - AO directed to tax gain arising on the sale of about shares under the head capital gain only. en-us Wed, 18 Dec 2019 15:20:01 +0530 Wed, 18 Dec 2019 15:20:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=50765 Sale of shares allotted to the assessee under employee stock option plan[ ESOP] and taking the sale value above fair market value as income from other source u/s 56 (2) (vii) - there is no transfer of any controlling interest - assessee has sold the shares and has not received any other property - AO directed to tax gain arising on the sale of about shares under the head capital gain only. Highlights Income Tax Wed, 18 Dec 2019 15:20:01 +0530 https://www.taxtmi.com/highlights?id=50765