RSU vesting date was 1st Feb 2023 and assesse sold those RSU on vesting day itself.
what are tax implications
TDS has been deducted on value of 17(2)
- is there any requirement of disclosing those shares under capital gains and pay tax on same
( my thoughts - as they have sold shares on date of vesting itself, tax under capital gains not applicable )
Please guide me on the same
thank you
There is no provision under the act which exempts a gain if the asset is sold on the same day on which it was bought.
its a taxable receipt in the hands of employee
CAclubindia
