Taxation of RSU – Clarification needed !

POSTED BY vasanthi ON November 4, 2013 5:48 pm ONE COMMENT

I am entitled to 150000 of a Delaware Company’s Class C Common Units. I have not made an election u/s 83(b). I had been providing my services from India to a bermuda exempted company being an wholly owned subsidiary of the Delaware Company. Vesting date is as follows: effective date (Oct2011) 20% next vesting date (Dec 2012) 40%.

Now in September 2013 – I am credited with the cash equivalent of my units that has become vested. please let me know how this would be taxed for AY 13-14. Nothing has been offered for tax in the previous assessment years in India.

One reply on this article “Taxation of RSU – Clarification needed !”

  1. ashalanshu says:

    Dear Vasanthi, the amount credited to you ‘ll be considered as capital gain ‘ll be taxed accordingly.

    Thanks

    Ashal

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Join 1,60,000 email subscribers

FREE Video Lessons directly in your email daily

144 page PDF ebook with best articles from Jagoinvestor

Get future articles directly on your mailbox + updates


6 PART VIDEO COURSE

FREE 

 

 

You are subscribed for FREE Course now, Check your Email

CONGRATULATIONS

Join 1,60,000 email subscribers

FREE Video Lessons directly in your email daily

144 page PDF ebook with best articles from Jagoinvestor

Get future articles directly on your mailbox + updates


6 PART VIDEO COURSE

FREE 

 

 

You are subscribed for FREE Course now, Check your Email

CONGRATULATIONS