Gain from sale of ESOP rights surrendered after 12 months chargeable as LTCG

ITAT DELHI BENCH ‘A’ Assistant Commissioner of Income-tax versus Ambrish Kumar Jhamb IT Appeal No. 4107 (Delhi) of 2011 [ASSESSMENT YEAR 2006-07] Date of Pronouncement- 05.10.2012 ORDER J. Sudhakar Reddy, Accountant Member This is an appeal filed by the Revenue directed against the order of CIT(A)-XXX, New Delhi, dt. 30th June, 2011 pertaining to asst. yr. 2006-07 on the following grounds : “On the facts and circumstances of the case and in law, the learned CIT(A) has erred in holding that the case of the assessee falls under Expln. 1 to cl. (d) or cl. (e) o...