Court Affirms ESOP Gains as Long-Term Capital Gains; Date of Allotment Determines Tax Treatment u/s 2(42A.

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....Sale of ESOP shares - LTCG or STCG - Date of acquisition - date of allotment - the assessee’s claim of taxability of gains on the transfer of such rights under the head “long term capital gains” is justified and deserves to be accepted..... - AT....