ESOP

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suparna k s (Querist)
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11 November 2009 Dear All,

What are the impacts under taxation law if there is a shift from Managerial Stock option plan to Employees Stock Option Plan? whether there is any capital gain arising on it?

CA Shail Mishra

CA Shail Mishra (Expert)
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19 December 2009 Suparna where have u heard this term managerial stock option. In view of SEBI Guidlines there is such option ESOP only is there. Anyway there will be No impact under I. T. Act since u can see there is no Transfer Of Asset as required by charging sec. 48.