Description
In Ravi Kumar Sinha v. CIT (2024), the Delhi High Court held that shares allotted under ESPS with lock-in restrictions have no immediate realizable value, and thus no taxable perquisite arises under Section 17(2). The ruling reaffirms that notional gains cannot be taxed in absence of enforceable, liquid benefits.
Reviews
To write a review, you must login first.
From the Same Seller
Netflix India Succeeds as ITAT Rejects Royalty Re-characterisation and Upholds TNMM for Digital Distributors; Routine Functions Do Not Result in IP Creation
Transfer Pricing Services Case Law Update | Requirement of Transaction-Specific Benchmarking
Executive One-Pager - Transfer Pricing Case Law Update | October 2025
Substance Check for PE Determination
Location
Seller Info
