https://www.taxtmi.com/caselaws?id=402966 The Tribunal upheld the taxation of Employee Stock Option Plan (ESOP) benefits in India under Section 17(2)(vi) of the Income Tax Act, 1961, for an employee deputed to Dubai. The ESOP benefits accrued in India when the options were granted, despite being taxed upon exercise. Relief under the India-UAE Double Taxation Avoidance Agreement was denied as the services were rendered in India, not UAE. The Tribunal dismissed both appeals, affirming the taxability of ESOP benefits in India. en-us Wed, 13 Jan 2021 00:00:00 +0530 Sat, 16 Jan 2021 11:02:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402966 The Tribunal upheld the taxation of Employee Stock Option Plan (ESOP) benefits in India under Section 17(2)(vi) of the Income Tax Act, 1961, for an employee deputed to Dubai. The ESOP benefits accrued in India when the options were granted, despite being taxed upon exercise. Relief under the India-UAE Double Taxation Avoidance Agreement was denied as the services were rendered in India, not UAE. The Tribunal dismissed both appeals, affirming the taxability of ESOP benefits in India. Case-Laws Income Tax Wed, 13 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402966