Tax liability if ESOP shares sold within a year

Sir, I was was allotted shares under ESOP in July 2013 by my company, a listed on in India. The Fair value was Rs. 183.00 and allotment price was Rs 50.00 per share. Now the market price is Rs 100.00. If I sell these shares at the current market price, now, what will be my tax liability. Can I show the loss (Rs 183 - Rs 100) as shot term capital gain? I am in 30% tax slab now.

asked Aug 11 '13 at 12:57 by Madhu 1111


Whole gain (sale price - purchase price, 100-50=50 Rs per share) would be added to your taxable income as short term capital gain.

If stock is listed in Indian stock markets and STT (securities transaction tax) is paid on transaction, gain would be taxable @ 15% rate.

answered Aug 11 '13 at 13:01 by Pankaj Batra 5.2k320

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Asked: Aug 11 '13 at 12:57

Seen: 5,140 times

Last updated: Aug 11 '13 at 13:01