In a recent case before the Bangalore Tribunal, an employee had been granted Esops at different points of time by his employer’s holding company. These had not been exercised by the employee, though Esops had vested. The holding company entered into an option transfer agreement with the employee, transferring Esops held by the employee to the holding company.

Shailesh Kumar, Director shares his views on Nasscom, venture capitalists’ body call of abolition of angel tax for Hindu Business Line.
Nasscom, venture capitalists’ body call of abolition of angel tax - Shailesh Kumar