I am an employee in India receiving RSU of my company. When I sell those RSUs, I understand we need to pay taxes. I went through the various articles to understand about LTCG (stocks held for more than 24 months) and STCG.
Majority of the articles says we need to use SBI TT Buying rate for reporting such income. But when I sold RSUs, I used my broker's wiretransfer facility to send the funds directly to my Indian account for which FX rate is at-least 1 rs. to 1.5 rs. less than SBI TT Buying rate or Google FX rate.
What should be the rate used for tax computation purpose?
CAclubindia
