https://www.taxtmi.com/forum/issue?id=120506 On an employee's death, exercise of vested ESOPs by the nominee/legal heir gives rise to a Perquisite (FMV minus exercise price) taxable as salary of the deceased and reported by the legal representative, with TDS typically deducted by the employer; a later sale of the shares by the nominee results in Capital Gains (sale price minus FMV at exercise) taxable in the hands of the nominee/legal heir. en-us Mon, 29 Sep 2025 15:58:17 +0530 Sat, 13 Dec 2025 17:18:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120506 On an employee's death, exercise of vested ESOPs by the nominee/legal heir gives rise to a Perquisite (FMV minus exercise price) taxable as salary of the deceased and reported by the legal representative, with TDS typically deducted by the employer; a later sale of the shares by the nominee results in Capital Gains (sale price minus FMV at exercise) taxable in the hands of the nominee/legal heir. Discussion-Forum Income Tax Mon, 29 Sep 2025 15:58:17 +0530 https://www.taxtmi.com/forum/issue?id=120506