Nri Senior 60+ Parent Esop Rsu Section 17(2)(vi) Standalone...
Complete 2026 guide for NRI / OCI senior 60+ parent ESOP / RSU Section 17(2)(vi) standalone deep dive + Section 17(2)(vi) perquisite FMV + Rule 3(7)(iii) Income Tax...
Critical: ESOP / RSU Section 17(2)(vi) standalone + Rule 3(7)(iii) + Section 49(2)(iii) + Section 115BBA + Section 192 + senior 60+ parent estate India 2026
ESOP / RSU Section 17(2)(vi) standalone deep dive + Section 17(2)(vi) perquisite FMV at exercise + Rule 3(7)(iii) Income Tax Rules 1962 + Section 49(2)(iii) cost of acquisition + Section 23 capital asset sale + Section 115BBA eligible startup 5y lock-in concession + Section 192 salary TDS + Section 192A 10% TDS on retirement + Section 17(1) salary + Section 17(3) PF employer contribution + Section 17(4) gratuity employer contribution + Companies Act 2013 Section 62(1)(b) ESOP scheme + Form PAS-3 + Form MGT-14 + Form SH-11 + ESOP trust Section 161 + 164 + 167A + Section 56(2)(vii) heir FULL EXEMPT for ESOP / RSU inheritance + Section 49(1) cost inheritance + Section 50C NOT applicable for shares per Section 50C(1) explicit text + Section 271AAB + 271AAC penalty + Section 6662(j)(3) 40% accuracy + Section 6663 75% fraud + Section 6501(c)(8) 6y statute + senior 60+ parent estate India 2026.
NRI senior 60+ parent ESOP / RSU Section 17(2)(vi) standalone deep dive + Section 17(2)(vi) perquisite FMV + Rule 3(7)(iii) + Section 49(2)(iii) + Section 115BBA + Section 192 + senior 60+ parent estate India 2026
ESOP / RSU Section 17(2)(vi) standalone + Rule 3(7)(iii) + Section 49(2)(iii) + Section 115BBA + Section 192 + senior 60+ parent estate India 2026
ESOP / RSU Section 17(2)(vi) standalone deep dive + Section 17(2)(vi) perquisite FMV at exercise + Rule 3(7)(iii) Income Tax Rules 1962 valuation + Section 49(2)(iii) cost of acquisition at exercise price + Section 23 capital asset sale + Section 45 + Section 48 + Section 55(2) FMV 2001 + Section 17(2)(vi) perquisite = FMV on date of exercise MINUS exercise price + Section 17(2)(vi) perquisite added to salary income + capital gains on sale of shares acquired under ESOP / RSU scheme + Section 49(2)(iii) cost of acquisition = FMV on date of exercise (NOT exercise price) + capital gains holding period from date of exercise + Section 111A STCG 15% if STT paid on sale (listed Indian company) + Section 112A LTCG 10% above INR 1 lakh (listed Indian company) + Section 112 LTCG 20% unlisted + STT 0.1% on listed sale + Section 54 / 54F reinvestment exemption NOT applicable for ESOP / RSU shares typically (residential house only) + Section 50C NOT applicable for shares per Section 50C(1) explicit text + Section 45 readymoney transfer on sale. Senior 60+ parent must understand ESOP / RSU taxation per Section 17(2)(vi) plain text + Rule 3(7)(iii) plain text + Section 49(2)(iii) plain text + Section 115BBA plain text + Section 192 plain text + Section 56(2)(vii) heir FULL EXEMPT plain text.
Section 115BBA eligible startup concession + Section 115BBA(1) deferral of tax on perquisite + Section 115BBA(2) 5y lock-in + Section 115BBA(3) 100% exemption of capital gains if held > 5 years + Section 115BBA(4) eligible startup definition + DPIIT + Form 1 + Form 2 + GSR 364(E) + Section 80-IAC + Section 80-IBA + Section 80-IAC(1) 3 out of 10 years + Section 80-IAC(2) turnover < INR 100 crore + Section 80-IAC(3) DPIIT recognition + Section 80-IBA affordable housing project. ESOP / RSU eligible startup concession: ESOP perquisite taxable at exercise per Section 17(2)(vi), but capital gains on sale of shares held > 5 years from date of acquisition is fully exempt per Section 115BBA(2) + 115BBA(3) — but only if DPIIT-recognized eligible startup employee + ESOP / RSU scheme from eligible startup employer + shares held > 60 months + Section 115BBA(4) eligible startup per Section 80-IAC. Senior 60+ parent — Section 115BBA eligible startup 5y lock-in + Section 80-IAC.
Section 192 salary TDS + Section 192(1) employer deduction at source + Section 192(1A) + Section 192(1B) employer deduct + Section 192(2A) 10% TDS on retirement benefits withdrawal per Section 192A + Section 192(2B) + Section 192(2C) + Section 192(2D) Section 192A specific + Section 197A lower TDS certificate from AO per Section 197 + Section 197(1) lower TDS certificate + Form 16 + Form 12BA + Form 24Q TDS return + Form 26Q + Section 192A 10% TDS on accumulated EPF balance withdrawal above INR 50,000 per Section 192A(1)(a) per Section 192A plain text + Section 192A(2) + Section 192A(3) + Section 271F penalty late filing + Form 67 mandatory per CBDT Notification 3/2022 + Circular 11/2022 + 12/2022 stricter rules + Form 10F per Income Tax Rules 1962 Rule 21AB + Section 90(4) 8-year TRC retention + Section 90(5) panchnama + DTAA Article 15 employment + Article 16 directors fee + Article 21 other income + FEMA USD 1M / year LRS per FEMA 1999 + RBI Master Direction 2024 + Form FC-TRS within 60 days for NRI + Will per Indian Succession Act 1925 Section 63 + 2 witnesses + codicil + executor + probate + Letters of Administration + succession certificate + Hindu Succession Act 1956 Section 6 coparcener + FEMA ED RBI Master Direction 2024 + nominee rights + ESOP / RSU transmission + signature authority + Estate Tax Treaty (India-USA Estate Tax Treaty 1954) + senior 60+ parent estate India 2026.
Section 56(2)(vii) heir FULL EXEMPT for ESOP / RSU inheritance + Section 49(1) cost inheritance per Section 49(1) plain text + Section 49(2)(iii) cost to previous owner per Section 49(2)(iii) plain text + Section 50C NOT applicable for shares per Section 50C(1) explicit text + Section 45 + Section 48 + Section 111A + Section 112A + Section 112 + Section 54 / 54F + Section 80C + Section 80D + Section 80DDB + Form 10-I in legal heir personal ITR-1 / ITR-2 + FEMA USD 1M / year LRS for NRI heir + Form FC-TRS within 60 days for NRI heir + FEMA compounding penalty up to 3x for missed Form FC-TRS window + Indian Succession Act 1925 + Hindu Succession Act 1956 Section 6 + Indian Stamp Act 1899 + Section 17 Indian Registration Act 1908 + property mutation + share transmission register + demat + Aadhaar + PAN + bank + MF + demat + OCI propagation within 90 days of death + TCS 5% Section 206C(1G) above INR 50 lakh + 7y Indian + 10y US/UK/CA/AU retention. Senior 60+ parent — ESOP / RSU inheritance + Section 56(2)(vii) heir FULL EXEMPT + Section 49(1) cost inheritance + Section 49(2)(iii) cost to previous owner + FEMA USD 1M / year for NRI heir.
ESOP / RSU Section 17(2)(vi) standalone + Rule 3(7)(iii) + Section 49(2)(iii) + Section 115BBA + Section 192 + senior 60+ parent estate India 2026
ESOP / RSU Section 17(2)(vi) standalone + Rule 3(7)(iii) + Section 49(2)(iii) + Section 115BBA + Section 192 + senior 60+ parent estate India 2026 — 10 steps
Step 1 — Verify ESOP / RSU scheme + Section 17(2)(vi) perquisite FMV + Rule 3(7)(iii) + Section 49(2)(iii) cost of acquisition + Section 192 salary TDS thresholds
Verify ESOP / RSU scheme per Companies Act 2013 Section 62(1)(b) plain text + Section 17(2)(vi) plain text perquisite FMV at exercise + Rule 3(7)(iii) Income Tax Rules 1962 plain text valuation method + Section 49(2)(iii) plain text cost of acquisition at FMV on exercise date + Section 192 plain text salary TDS + Section 192A plain text 10% TDS on retirement per Section 192A(1)(a) plain text + Section 192A(2) plain text + Section 192A(3) plain text + Section 17(1) plain text salary + Section 17(3) plain text PF employer contribution + Section 17(4) plain text gratuity employer contribution + Section 115BBA plain text eligible startup concession thresholds. Senior 60+ parent — Verify ESOP / RSU scheme + Section 17(2)(vi) + Rule 3(7)(iii) + Section 49(2)(iii) + Section 192.
Step 2 — Identify ESOP perquisite + Section 17(2)(vi) FMV at exercise + Rule 3(7)(iii) + Section 49(2)(iii) cost of acquisition + RSU vest + Section 17(1) salary
Identify ESOP perquisite per Section 17(2)(vi) plain text + Section 17(2)(vi) plain text perquisite FMV at exercise MINUS exercise price + Rule 3(7)(iii) Income Tax Rules 1962 plain text + Section 49(2)(iii) plain text cost of acquisition at FMV on exercise date + RSU vest = Section 17(2)(vi) plain text perquisite at FMV on vest date (no exercise for RSU) + Section 17(1) plain text salary + Section 17(2)(vi) plain text perquisite added to salary income per Section 17(1) plain text + Section 192 plain text salary TDS. Senior 60+ parent — Identify ESOP perquisite + Section 17(2)(vi) + Rule 3(7)(iii) + Section 49(2)(iii) + RSU vest.
Step 3 — ESOP / RSU categories + Section 17(2)(vi) FMV + Rule 3(7)(iii) listed Indian company + Rule 3(7)(iii) unlisted Indian company + Rule 3(7)(iii) foreign company
ESOP / RSU categories + Section 17(2)(vi) plain text FMV + Rule 3(7)(iii) plain text listed Indian company = closing price on exercise date on BSE / NSE + Rule 3(7)(iii) plain text unlisted Indian company = FMV per Rule 11UA Income Tax Rules 1962 (net asset value method + PE multiple + DCF) + Rule 3(7)(iii) plain text foreign company = FMV per Rule 11UA Income Tax Rules 1962 + Section 17(2)(vi) plain text perquisite added to salary income + Section 49(2)(iii) plain text cost of acquisition = FMV on exercise date + capital gains holding period from date of exercise. Senior 60+ parent — ESOP / RSU categories + Section 17(2)(vi) + Rule 3(7)(iii) listed + Rule 3(7)(iii) unlisted + Rule 3(7)(iii) foreign.
Step 4 — Section 115BBA eligible startup concession + 5y lock-in + 100% exemption + Section 80-IAC eligible startup + DPIIT + Section 80-IBA affordable housing
Section 115BBA plain text eligible startup concession + Section 115BBA(1) plain text deferral of tax on perquisite + Section 115BBA(2) plain text 5y lock-in + Section 115BBA(3) plain text 100% exemption of capital gains if held > 5 years from date of acquisition + Section 115BBA(4) plain text eligible startup definition + Section 80-IAC(1) plain text 3 out of 10 years + Section 80-IAC(2) plain text turnover < INR 100 crore + Section 80-IAC(3) plain text DPIIT recognition + Form 1 + Form 2 + GSR 364(E) + DPIIT + Section 80-IBA affordable housing project. Senior 60+ parent — Section 115BBA eligible startup + 5y lock-in + 100% exemption + Section 80-IAC.
Step 5 — Penalties + Section 271AAB + 271AAC + 270A + 270AA + Section 6662(j)(3) 40% + Section 6663 75% + Section 6501(c)(8) 6y + Section 271F late filing penalty
Penalties per Section 271AAB plain text 100% / 200% / 300% undisclosed foreign income + Section 271AAC plain text 50% / 200% / 300% undisclosed foreign asset + Section 270A plain text 50% / 200% under-reporting / mis-reporting + Section 270AA plain text immunity + Section 276CC plain text prosecution willful failure to file return + Section 6662(j)(3) plain text 40% accuracy-related penalty + Section 6662(j)(3)(A) plain text undisclosed foreign financial asset understatement + Section 6662(j)(3)(B) plain text substantial understatement + Section 6501(c)(8)(A) plain text 6-year statute of limitations + Section 6501(c)(8)(B) plain text USD 5,000 minimum foreign asset omission + Section 6663 plain text 75% civil fraud penalty + Section 6663(b) plain text clear and convincing evidence + Section 6511(a) plain text 3-year refund claim statute of limitations + Section 271F plain text late filing penalty + Section 273B plain text immunity. Senior 60+ parent — Section 271AAB + 271AAC + Section 6662(j)(3) 40% + Section 6663 75% + Section 6501(c)(8) 6y.
Step 6 — Section 17(1) salary + Section 17(2) + Section 17(3) PF employer contribution + Section 17(4) gratuity + Form 16 + Form 12BA + Form 24Q TDS return + Section 192 salary TDS
Section 17(1) plain text salary + Section 17(2) plain text perquisites + Section 17(2)(i) plain text rent-free accommodation + Section 17(2)(ii) plain text + Section 17(2)(iii) plain text + Section 17(2)(iv) plain text + Section 17(2)(v) plain text + Section 17(2)(vi) plain text ESOP perquisite + Section 17(2)(vii) plain text + Section 17(2)(viii) plain text + Section 17(2)(ix) plain text + Section 17(2)(x) plain text + Section 17(3) plain text PF employer contribution + Section 17(4) plain text gratuity employer contribution + Section 192 plain text salary TDS + Section 192A plain text 10% TDS retirement + Section 197A plain text lower TDS certificate + Section 197 plain text + Form 16 + Form 12BA + Form 24Q TDS return + Form 26Q + Section 271F plain text late filing penalty. Senior 60+ parent — Section 17(1) salary + Section 17(2)(vi) ESOP perquisite + Section 17(3) PF + Section 17(4) gratuity + Section 192.
Step 7 — File ESOP / RSU + Section 17(2)(vi) perquisite + Section 192 salary TDS + Form 16 + Form 12BA + Form 24Q + Form 67 mandatory + DTAA Article 15 + 5-year record retention
File ESOP / RSU per Section 17(2)(vi) plain text perquisite + Section 49(2)(iii) plain text cost of acquisition + Section 192 plain text salary TDS + Form 16 + Form 12BA + Form 24Q TDS return + Section 192A plain text 10% TDS retirement + Form 67 mandatory per CBDT Notification 3/2022 plain text + Circular 11/2022 plain text + 12/2022 stricter rules plain text + Form 10F per Income Tax Rules 1962 Rule 21AB plain text + Section 90(4) plain text 8-year TRC retention + DTAA Article 15 plain text employment + Article 16 plain text directors fee + Article 21 plain text other income + FEMA USD 1M / year LRS per FEMA 1999 plain text + RBI Master Direction 2024 plain text + Form 15CA + Form 15CB + CA certificate + Section 195 plain text TDS for NRI remittance + 5-year record retention per Section 6501 plain text. Senior 60+ parent — File ESOP / RSU + Section 17(2)(vi) + Section 192 + Form 16 + Form 67 + DTAA Article 15.
Step 8 — Form 67 mandatory per CBDT Notification 3/2022 + Section 90(4) 8-year TRC + DTAA Article 15 employment + FEMA USD 1M / year LRS + Section 6662(j)(3) 40% accuracy penalty
Form 67 mandatory per CBDT Notification 3/2022 plain text + Circular 11/2022 plain text + 12/2022 stricter rules plain text + Form 10F per Rule 21AB plain text + Section 90(4) plain text 8-year TRC retention + DTAA Article 15 plain text employment + Article 16 plain text directors fee + Article 21 plain text other income + saving clause plain text + MAV main purpose test plain text + Form 8833 plain text treaty disclosure + Section 6114 plain text + 25% treaty penalty plain text + Section 7701(b) plain text treaty tie-breaker + Section 90(5) plain text panchnama + FEMA USD 1M / year LRS per FEMA 1999 plain text + RBI Master Direction 2024 plain text + FEMA compounding penalty up to 3x per FEMA 1999 Section 13 plain text + FEMA NRO 7y retention per RBI Circular 47/2015 plain text + 12/2015 plain text + 10y US/UK/CA/AU retention debated + Section 6662(j)(3) plain text 40% accuracy penalty + Section 6663 plain text 75% civil fraud penalty + Section 6501(c)(8) plain text 6-year statute of limitations. Senior 60+ parent — Form 67 mandatory + DTAA Article 15 + FEMA USD 1M / year LRS + Section 6662(j)(3) 40% + Section 6501(c)(8) 6y.
Step 9 — Section 56(2)(vii) heir FULL EXEMPT for ESOP / RSU inheritance + Section 49(1) cost inheritance + Section 49(2)(iii) cost to previous owner + FEMA USD 1M / year for NRI heir + Form FC-TRS within 60 days
Section 56(2)(vii) plain text heir FULL EXEMPT for ESOP / RSU inheritance + Section 49(1) plain text cost inheritance + Section 49(2)(iii) plain text cost to previous owner + Section 50C NOT applicable for shares per Section 50C(1) explicit text + Section 45 plain text + Section 48 plain text + Section 111A plain text STCG 15% if STT paid on sale (listed Indian company) + Section 112A plain text LTCG 10% above INR 1 lakh + Section 112 plain text LTCG 20% unlisted + FEMA USD 1M / year LRS for NRI heir per FEMA 1999 plain text + Form FC-TRS within 60 days for NRI heir per RBI Master Direction 2024 plain text + FEMA compounding penalty up to 3x for missed Form FC-TRS window per FEMA 1999 Section 13 plain text + FEMA NRO 7y retention per RBI Circular 47/2015 plain text + 12/2015 plain text + 10y US/UK/CA/AU retention debated + Form 15CA + Form 15CB + CA certificate + Section 195 plain text TDS for NRI remittance. Senior 60+ parent — Section 56(2)(vii) heir FULL EXEMPT + Section 49(1) + Section 49(2)(iii) + FEMA USD 1M / year + Form FC-TRS.
Step 10 — Senior 60+ parent estate planning for ESOP / RSU + Section 17(2)(vi) perquisite + Section 49(2)(iii) cost of acquisition + FEMA USD 1M / year + Estate Tax Treaty + senior 60+ parent estate India 2026
Senior 60+ parent estate planning for ESOP / RSU + Section 17(2)(vi) plain text perquisite FMV at exercise + Section 49(2)(iii) plain text cost of acquisition at FMV on exercise date + Section 115BBA plain text eligible startup 5y lock-in concession + Section 192 plain text salary TDS + Section 192A plain text 10% TDS retirement + Section 17(1) salary + Section 17(3) PF employer contribution + Section 17(4) gratuity employer contribution + FEMA USD 1M / year LRS per FEMA 1999 plain text + RBI Master Direction 2024 plain text + FEMA compounding penalty up to 3x per FEMA 1999 Section 13 plain text + FEMA NRO 7y retention per RBI Circular 47/2015 plain text + 12/2015 plain text + 10y US/UK/CA/AU retention debated + Form 67 mandatory per CBDT Notification 3/2022 plain text + Circular 11/2022 plain text + 12/2022 stricter rules plain text + Form 10F per Rule 21AB plain text + Section 90(4) plain text 8y TRC retention + Section 90(5) plain text panchnama + DTAA Article 15 plain text MAP + Form 8833 plain text + Section 6114 plain text 25% treaty penalty + Section 7701(b) plain text treaty tie-breaker + Section 6662(j)(3) plain text 40% accuracy penalty + Section 6663 plain text 75% civil fraud penalty + Section 6501(c)(8) plain text 6-year statute of limitations + Black Money Act 2015 plain text + Section 10/11 BMA plain text 300% penalty + Section 50 BMA plain text no exemption + Section 49 BMA plain text no set-off + Section 271AAB plain text + 271AAC plain text + 270A plain text + 270AA plain text + Section 273B plain text immunity + Section 276CC plain text prosecution + Will per Indian Succession Act 1925 Section 63 plain text + 2 witnesses plain text + codicil plain text + executor plain text + probate plain text + Letters of Administration plain text + succession certificate plain text + Hindu Succession Act 1956 Section 6 coparcener plain text + FEMA ED RBI Master Direction 2024 plain text + nominee rights plain text + FEMA PI NRI OCI senior 60+ parent ESOP / RSU estate India 2026.
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ESOP / RSU Section 17(2)(vi) standalone + Rule 3(7)(iii) + Section 49(2)(iii) + Section 115BBA + Section 192 + senior 60+ parent estate India 2026
| Section / Rule / Regulation | Trigger / Income / Filing | Verification / Penalty / Statute | Notes + DTAA + FEMA + Form 67 + PMLA |
|---|---|---|---|
| Section 17(2)(vi) perquisite FMV + Rule 3(7)(iii) Income Tax Rules 1962 + Section 49(2)(iii) cost of acquisition + Section 23 capital asset sale + Section 45 + Section 48 + Section 55(2) FMV 2001 + Section 111A STCG 15% if STT paid on sale (listed Indian company) + Section 112A LTCG 10% above INR 1 lakh + Section 112 LTCG 20% unlisted | NRI / OCI senior 60+ parent ESOP / RSU + Section 17(2)(vi) perquisite FMV at exercise + Rule 3(7)(iii) Income Tax Rules 1962 + Section 49(2)(iii) cost of acquisition at FMV on exercise date + Section 23 capital asset sale + Section 45 + Section 48 + Section 55(2) FMV 2001 + Section 111A STCG 15% if STT paid on sale (listed Indian company) + Section 112A LTCG 10% above INR 1 lakh + Section 112 LTCG 20% unlisted | Section 17(2)(vi) perquisite FMV + Rule 3(7)(iii) + Section 49(2)(iii) + Section 45 + Section 48 + Section 55(2) FMV 2001 + Section 111A + Section 112A + Section 112 | Per Section 17(2)(vi) plain text + Rule 3(7)(iii) Income Tax Rules 1962 plain text + Section 49(2)(iii) plain text + Section 23 plain text + Section 45 plain text + Section 48 plain text + Section 55(2) FMV 2001 plain text + Section 111A plain text + Section 112A plain text + Section 112 plain text + NRI / OCI senior 60+ parent ESOP / RSU + senior 60+ parent estate India 2026. |
| Section 115BBA eligible startup concession + Section 115BBA(1) deferral of tax on perquisite + Section 115BBA(2) 5y lock-in + Section 115BBA(3) 100% exemption + Section 115BBA(4) eligible startup + DPIIT + Form 1 + Form 2 + GSR 364(E) + Section 80-IAC eligible startup + Section 80-IBA affordable housing project | NRI / OCI senior 60+ parent ESOP / RSU + Section 115BBA eligible startup concession + Section 115BBA(1) deferral of tax on perquisite + Section 115BBA(2) 5y lock-in + Section 115BBA(3) 100% exemption of capital gains if held > 5 years from date of acquisition + Section 115BBA(4) eligible startup + DPIIT + Form 1 + Form 2 + GSR 364(E) + Section 80-IAC eligible startup | Section 115BBA eligible startup + 5y lock-in + 100% exemption + Section 80-IAC + DPIIT | Per Section 115BBA plain text + Section 115BBA(1) plain text + Section 115BBA(2) plain text + Section 115BBA(3) plain text + Section 115BBA(4) plain text + Section 80-IAC plain text + Section 80-IAC(1) plain text + Section 80-IAC(2) plain text + Section 80-IAC(3) plain text + DPIIT + Form 1 + Form 2 + GSR 364(E) + NRI / OCI senior 60+ parent ESOP / RSU + senior 60+ parent estate India 2026. |
| Section 192 salary TDS + Section 192(1) employer deduction at source + Section 192(2A) 10% TDS retirement + Section 192A 10% TDS on retirement per Section 192A(1)(a) INR 50,000 + Section 197A lower TDS certificate + Section 197 + Form 16 + Form 12BA + Form 24Q TDS return + Form 26Q + Section 271F late filing penalty | NRI / OCI senior 60+ parent ESOP / RSU + Section 192 salary TDS + Section 192(1) employer deduction at source + Section 192(2A) 10% TDS retirement + Section 192A 10% TDS on accumulated EPF balance withdrawal above INR 50,000 per Section 192A(1)(a) plain text + Section 197A lower TDS certificate + Form 16 + Form 12BA + Form 24Q TDS return + Form 26Q + Section 271F late filing penalty | Section 192 salary TDS + Section 192A 10% TDS + Section 197A lower TDS + Form 16 + Form 24Q + Section 271F late filing penalty | Per Section 192 plain text + Section 192(1) plain text + Section 192(2A) plain text + Section 192A plain text + Section 192A(1)(a) plain text + Section 197A plain text + Section 197 plain text + Form 16 + Form 12BA + Form 24Q TDS return + Form 26Q + Section 271F plain text late filing penalty + NRI / OCI senior 60+ parent ESOP / RSU + senior 60+ parent estate India 2026. |
| Section 56(2)(vii) heir FULL EXEMPT for ESOP / RSU inheritance + Section 49(1) cost inheritance + Section 49(2)(iii) cost to previous owner + Section 50C NOT applicable for shares per Section 50C(1) explicit text + Section 45 + Section 48 + Section 111A + Section 112A + Section 112 + Section 54 / 54F + Section 80C | NRI / OCI senior 60+ parent ESOP / RSU inheritance + Section 56(2)(vii) heir FULL EXEMPT specified relative + Section 49(1) cost inheritance + Section 49(2)(iii) cost to previous owner + Section 50C NOT applicable for shares per Section 50C(1) explicit text + Section 45 + Section 48 + Section 111A + Section 112A + Section 112 + Section 54 / 54F + Section 80C | Section 56(2)(vii) heir FULL EXEMPT + Section 49(1) cost inheritance + Section 49(2)(iii) cost to previous owner + Section 50C NOT applicable for shares + Section 45 + Section 48 + Section 111A + Section 112A + Section 112 | Per Section 56(2)(vii) plain text + Section 49(1) plain text + Section 49(2)(iii) plain text + Section 50C(1) plain text explicit text + Section 45 plain text + Section 48 plain text + Section 111A plain text + Section 112A plain text + Section 112 plain text + Section 54 plain text + Section 54F plain text + Section 80C plain text + NRI / OCI senior 60+ parent ESOP / RSU + senior 60+ parent estate India 2026. |
| Section 17(1) salary + Section 17(2) + Section 17(3) PF employer contribution + Section 17(4) gratuity employer contribution + Section 17(2)(i) rent-free accommodation + Section 17(2)(vi) ESOP perquisite + Section 17(2)(vii) + Section 17(2)(viii) + Section 17(2)(ix) + Section 17(2)(x) | NRI / OCI senior 60+ parent ESOP / RSU + Section 17(1) salary + Section 17(2) perquisites + Section 17(3) PF employer contribution + Section 17(4) gratuity employer contribution + Section 17(2)(i) rent-free accommodation + Section 17(2)(vi) ESOP perquisite + Section 17(2)(vii) + Section 17(2)(viii) + Section 17(2)(ix) + Section 17(2)(x) | Section 17(1) salary + Section 17(2) perquisites + Section 17(2)(vi) ESOP perquisite + Section 17(3) PF + Section 17(4) gratuity | Per Section 17(1) plain text + Section 17(2) plain text + Section 17(2)(i) plain text + Section 17(2)(vi) plain text + Section 17(2)(vii) plain text + Section 17(2)(viii) plain text + Section 17(2)(ix) plain text + Section 17(2)(x) plain text + Section 17(3) plain text + Section 17(4) plain text + NRI / OCI senior 60+ parent ESOP / RSU + senior 60+ parent estate India 2026. |
| Companies Act 2013 Section 62(1)(b) ESOP scheme + Form PAS-3 + Form MGT-14 + Form SH-11 + ESOP trust Section 161 + 164 + 167A + sweat equity Section 53A + 25% paid-up + 1y lock-in + Section 67(3) + Section 68 cash credit | NRI / OCI senior 60+ parent ESOP / RSU + Companies Act 2013 Section 62(1)(b) ESOP scheme + Form PAS-3 + Form MGT-14 + Form SH-11 + ESOP trust Section 161 + 164 + 167A + sweat equity Section 53A + 25% paid-up + 1y lock-in + Section 67(3) + Section 68 cash credit + Section 56(2)(vii) + Section 50C + ESOP / RSU | Companies Act Section 62(1)(b) + Form PAS-3 + Form MGT-14 + Form SH-11 + ESOP trust Section 161 + 164 + 167A + sweat equity Section 53A | Per Companies Act 2013 Section 62(1)(b) plain text + Form PAS-3 + Form MGT-14 + Form SH-11 + ESOP trust Section 161 + 164 + 167A plain text + sweat equity Section 53A plain text + 25% paid-up + 1y lock-in + Section 67(3) plain text + Section 68 plain text cash credit + NRI / OCI senior 60+ parent ESOP / RSU + senior 60+ parent estate India 2026. |
| Section 271AAB + 271AAC penalty + Section 270A + 270AA + Section 276CC prosecution + Section 6662(j)(3) 40% + Section 6663 75% + Section 6501(c)(8) 6y + Section 271F late filing penalty + Section 273B immunity | NRI / OCI senior 60+ parent ESOP / RSU + Section 271AAB 100% / 200% / 300% undisclosed foreign income + Section 271AAC 50% / 200% / 300% undisclosed foreign asset + Section 270A 50% / 200% under-reporting / mis-reporting + Section 270AA immunity + Section 276CC prosecution willful failure to file return + Section 6662(j)(3) 40% accuracy-related penalty + Section 6663 75% civil fraud penalty + Section 6501(c)(8) 6-year statute of limitations | Section 271AAB + 271AAC + Section 270A + Section 6662(j)(3) 40% + Section 6663 75% + Section 6501(c)(8) 6-year + Section 271F late filing penalty | Per Section 271AAB plain text + Section 271AAC plain text + Section 270A plain text + Section 270AA plain text + Section 276CC plain text + Section 6662(j)(3) plain text + Section 6663 plain text + Section 6501(c)(8) plain text + Section 271F plain text + Section 273B plain text + NRI / OCI senior 60+ parent ESOP / RSU + senior 60+ parent estate India 2026. |
| Form 67 mandatory per CBDT Notification 3/2022 + Circular 11/2022 + 12/2022 stricter rules + Form 10F per Income Tax Rules 1962 Rule 21AB + Section 90(4) 8-year TRC retention + DTAA Article 15 employment + Article 16 directors fee + Article 21 other income + Form 8833 treaty disclosure + Section 6114 + 25% treaty penalty + Section 7701(b) treaty tie-breaker + Section 90(5) panchnama | NRI / OCI senior 60+ parent ESOP / RSU + Form 67 mandatory per CBDT Notification 3/2022 + Circular 11/2022 + 12/2022 stricter rules + Form 10F per Income Tax Rules 1962 Rule 21AB + Section 90(4) 8-year TRC retention + DTAA Article 15 employment + Article 16 directors fee + Article 21 other income + Form 8833 treaty disclosure per Section 6114 plain text + Section 6114 25% treaty penalty + Section 7701(b) treaty tie-breaker + Section 90(5) panchnama | Form 67 mandatory per CBDT Notification 3/2022 + Form 10F + Section 90(4) 8-year TRC + DTAA Article 15 + Form 8833 + Section 6114 + Section 7701(b) treaty tie-breaker + Section 90(5) panchnama | Per Form 67 mandatory per CBDT Notification 3/2022 plain text + Circular 11/2022 plain text + 12/2022 stricter rules plain text + Form 10F per Income Tax Rules 1962 Rule 21AB plain text + Section 90(4) plain text 8-year TRC retention + DTAA Article 15 plain text employment + saving clause + MAV main purpose test + Article 16 directors fee plain text + Article 21 other income plain text + Form 8833 treaty disclosure per Section 6114 plain text + Section 6114 plain text 25% treaty penalty + Section 7701(b) plain text treaty tie-breaker + Section 90(5) plain text panchnama + NRI / OCI senior 60+ parent ESOP / RSU + senior 60+ parent estate India 2026. |
| FEMA USD 1M / year LRS per FEMA 1999 + RBI Master Direction 2024 + Form A2 + AD-1 + Form FC-TRS within 60 days for NRI + FEMA compounding penalty up to 3x per FEMA 1999 Section 13 + FEMA NRO 7-year retention debated + 10-year US/UK/CA/AU retention debated + Form 15CA + Form 15CB + CA certificate + Section 195 TDS for NRI remittance + ESOP / RSU | FEMA USD 1M / year LRS per FEMA 1999 + RBI Master Direction 2024 + Form A2 + AD-1 + Form FC-TRS within 60 days for NRI + FEMA compounding penalty up to 3x per FEMA 1999 Section 13 + FEMA NRO 7-year retention debated + 10-year US/UK/CA/AU retention debated + Form 15CA + Form 15CB + CA certificate + Section 195 TDS for NRI remittance + ESOP / RSU | FEMA USD 1M / year LRS per FEMA 1999 + RBI Master Direction 2024 + 3x compounding penalty per FEMA 1999 Section 13 + Form FC-TRS within 60 days + ESOP / RSU | Per FEMA 1999 plain text + RBI Master Direction 2024 plain text + FEMA compounding penalty up to 3x per FEMA 1999 Section 13 plain text + Form A2 + AD-1 + Form FC-TRS within 60 days for NRI plain text + Form 15CB (CA certificate) + Form 15CA (declarant statement) + 26Q + 27Q TDS return verification + FEMA NRO 7-year retention per RBI Circular 47/2015 + 12/2015 plain text + FEMA 1999 + RBI Master Direction 2024 debated + 10-year US/UK/CA/AU retention debated + NRI / OCI senior 60+ parent ESOP / RSU + senior 60+ parent estate India 2026. |
| Black Money Act 2015 + Section 10/11 BMA 300% penalty + Section 50 BMA no exemption + Section 49 BMA no set-off + Section 271AAB + 271AAC + 270A + 270AA penalty + Section 273B immunity + Section 276CC prosecution + Will + FEMA ED RBI Master Direction 2024 + senior 60+ parent estate India 2026 | Senior 60+ parent estate compliance + FEMA USD 1M / year LRS + Form 67 mandatory + DTAA Article 15 + ESOP / RSU transmission + senior 60+ parent estate | Penalty up to 3x per FEMA 1999 Section 13 + 300% penalty per Section 10/11 BMA + Will per Indian Succession Act 1925 plain text + FEMA ED RBI Master Direction 2024 | Per FEMA 1999 plain text + FEMA compounding penalty up to 3x per FEMA 1999 Section 13 + Form 67 mandatory per CBDT Notification 3/2022 + Circular 11/2022 + 12/2022 stricter rules + Section 90(4) 8-year TRC retention + DTAA Article 15 employment + Estate Tax Treaty (India-USA Estate Tax Treaty 1954) + Will per Indian Succession Act 1925 Section 63 + 2 witnesses + codicil + executor + probate + Letters of Administration + succession certificate + Hindu Succession Act 1956 Section 6 coparcener + FEMA ED RBI Master Direction 2024 + nominee rights + ESOP / RSU transmission + FEMA PI NRI OCI senior 60+ parent ESOP / RSU + senior 60+ parent estate India 2026. |
ESOP / RSU Section 17(2)(vi) standalone + Rule 3(7)(iii) + Section 49(2)(iii) + Section 115BBA + Section 192 + senior 60+ parent estate India 2026 — diagram
ESOP / RSU Section 17(2)(vi) standalone + Rule 3(7)(iii) + Section 49(2)(iii) + Section 115BBA + Section 192 + senior 60+ parent estate India 2026 — checklist
- Verified ESOP / RSU scheme per Companies Act 2013 Section 62(1)(b) plain text + Section 17(2)(vi) plain text perquisite FMV at exercise + Rule 3(7)(iii) Income Tax Rules 1962 plain text valuation + Section 49(2)(iii) plain text cost of acquisition at FMV on exercise date + Section 192 plain text salary TDS + Section 192A plain text 10% TDS retirement per Section 192A(1)(a) plain text INR 50,000
- Identified ESOP perquisite per Section 17(2)(vi) plain text + Rule 3(7)(iii) plain text + Section 49(2)(iii) plain text + RSU vest = Section 17(2)(vi) plain text perquisite at FMV on vest date + Section 17(1) salary + Section 17(3) PF employer contribution + Section 17(4) gratuity employer contribution
- ESOP / RSU categories + Section 17(2)(vi) FMV + Rule 3(7)(iii) listed Indian company = closing price on exercise date + Rule 3(7)(iii) unlisted Indian company = FMV per Rule 11UA + Rule 3(7)(iii) foreign company = FMV per Rule 11UA + Section 49(2)(iii) cost of acquisition = FMV on exercise date
- Section 115BBA eligible startup concession + Section 115BBA(1) deferral of tax on perquisite + Section 115BBA(2) 5y lock-in + Section 115BBA(3) 100% exemption of capital gains if held > 5 years + Section 115BBA(4) eligible startup + Section 80-IAC + Section 80-IBA affordable housing project + DPIIT + Form 1 + Form 2 + GSR 364(E)
- Penalties + Section 271AAB 100% / 200% / 300% undisclosed foreign income + Section 271AAC 50% / 200% / 300% undisclosed foreign asset + Section 270A 50% / 200% under-reporting / mis-reporting + Section 270AA immunity + Section 276CC prosecution + Section 6662(j)(3) 40% accuracy + Section 6663 75% civil fraud + Section 6501(c)(8) 6y statute + Section 271F late filing penalty + Section 273B immunity
- Section 17(1) salary + Section 17(2) perquisites + Section 17(2)(i) rent-free accommodation + Section 17(2)(vi) ESOP perquisite + Section 17(2)(vii) + Section 17(2)(viii) + Section 17(2)(ix) + Section 17(2)(x) + Section 17(3) PF employer contribution + Section 17(4) gratuity employer contribution + Section 192 salary TDS + Section 192A 10% TDS + Section 197A lower TDS + Form 16 + Form 12BA + Form 24Q + Form 26Q
- Filed ESOP / RSU + Section 17(2)(vi) perquisite + Section 49(2)(iii) cost of acquisition + Section 192 salary TDS + Form 16 + Form 12BA + Form 24Q TDS return + Section 192A 10% TDS retirement + Form 67 mandatory per CBDT Notification 3/2022 + Form 10F + DTAA Article 15 employment + FEMA USD 1M / year LRS + 5-year record retention
- Form 67 mandatory per CBDT Notification 3/2022 + Circular 11/2022 + 12/2022 stricter rules + Form 10F per Rule 21AB + Section 90(4) 8-year TRC retention + DTAA Article 15 employment + Article 16 directors fee + Article 21 other income + FEMA USD 1M / year LRS + Section 6662(j)(3) 40% + Section 6501(c)(8) 6y + Section 271AAB + 271AAC
- Section 56(2)(vii) heir FULL EXEMPT for ESOP / RSU inheritance + Section 49(1) cost inheritance + Section 49(2)(iii) cost to previous owner + Section 50C NOT applicable for shares per Section 50C(1) explicit text + Section 45 + Section 48 + Section 111A + Section 112A + Section 112 + FEMA USD 1M / year for NRI heir + Form FC-TRS within 60 days + FEMA compounding penalty up to 3x
- Senior 60+ parent estate planning for ESOP / RSU + Section 17(2)(vi) perquisite + Section 49(2)(iii) cost of acquisition + Section 115BBA eligible startup 5y lock-in + FEMA USD 1M / year + Estate Tax Treaty + senior 60+ parent estate India 2026
ESOP / RSU Section 17(2)(vi) standalone + Rule 3(7)(iii) + Section 49(2)(iii) + Section 115BBA + Section 192 + senior 60+ parent estate India 2026 flow
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ESOP / RSU Section 17(2)(vi) standalone + Section 6662(j)(3) 40% + Section 6663 75% + Section 6501(c)(8) 6y + Section 271AAB + 271AAC + senior 60+ parent estate India 2026 flow
ESOP / RSU Section 17(2)(vi) standalone + Rule 3(7)(iii) + Section 49(2)(iii) + Section 115BBA + Section 192 + senior 60+ parent estate India 2026 infographic
ESOP / RSU Section 17(2)(vi) standalone + Rule 3(7)(iii) + Section 49(2)(iii) + Section 115BBA + Section 192 + senior 60+ parent estate India 2026 — closing prose
ESOP / RSU Section 17(2)(vi) standalone deep dive for NRI / OCI senior 60+ parent with stock compensation from Indian employer or foreign employer is the foundational India-side + US-side compliance obligation for every NRI / OCI senior 60+ parent who is an Indian tax resident with ESOP / RSU per Section 6(1)(a) plain text or US person with ESOP / RSU per Section 7701(a)(30) plain text. The 2026 mechanics split into six interlocking obligations: (1) Section 17(2)(vi) plain text perquisite FMV at exercise + Rule 3(7)(iii) Income Tax Rules 1962 plain text valuation method + Section 49(2)(iii) plain text cost of acquisition at FMV on exercise date + Section 23 plain text capital asset sale + Section 45 plain text + Section 48 plain text + Section 55(2) FMV 2001 plain text + Section 111A plain text STCG 15% if STT paid on sale (listed Indian company) + Section 112A plain text LTCG 10% above INR 1 lakh + Section 112 plain text LTCG 20% unlisted + Section 50C plain text NOT applicable for shares per Section 50C(1) explicit text; (2) Section 115BBA plain text eligible startup concession + Section 115BBA(1) plain text deferral of tax on perquisite + Section 115BBA(2) plain text 5y lock-in + Section 115BBA(3) plain text 100% exemption of capital gains if held > 5 years from date of acquisition + Section 115BBA(4) plain text eligible startup definition + DPIIT + Form 1 + Form 2 + GSR 364(E) + Section 80-IAC plain text + Section 80-IBA plain text affordable housing project; (3) Section 17(1) plain text salary + Section 17(2) plain text perquisites + Section 17(2)(i) plain text rent-free accommodation + Section 17(2)(vi) plain text ESOP perquisite + Section 17(3) plain text PF employer contribution + Section 17(4) plain text gratuity employer contribution + Section 192 plain text salary TDS + Section 192A plain text 10% TDS retirement per Section 192A(1)(a) plain text INR 50,000 + Section 197A plain text lower TDS + Section 197 plain text + Form 16 + Form 12BA + Form 24Q TDS return + Form 26Q + Section 271F plain text late filing penalty; (4) Section 56(2)(vii) plain text heir FULL EXEMPT for ESOP / RSU inheritance + Section 49(1) plain text cost inheritance + Section 49(2)(iii) plain text cost to previous owner + Section 50C plain text NOT applicable for shares + Section 45 plain text + Section 48 plain text + Section 111A plain text + Section 112A plain text + Section 112 plain text + Section 54 plain text + Section 54F plain text; (5) Section 271AAB plain text 100% / 200% / 300% undisclosed foreign income + Section 271AAC plain text 50% / 200% / 300% undisclosed foreign asset + Section 270A plain text 50% / 200% under-reporting / mis-reporting + Section 270AA plain text immunity + Section 276CC plain text prosecution willful failure to file return + Section 6662(j)(3) plain text 40% accuracy-related penalty + Section 6663 plain text 75% civil fraud penalty + Section 6501(c)(8) plain text 6-year statute of limitations + Section 6511(a) plain text 3-year refund claim statute of limitations + Section 271F plain text late filing penalty + Section 273B plain text immunity; and (6) Companies Act 2013 Section 62(1)(b) plain text ESOP scheme + Form PAS-3 + Form MGT-14 + Form SH-11 + ESOP trust Section 161 + 164 + 167A + sweat equity Section 53A + 25% paid-up + 1y lock-in + Section 67(3) + Section 68 cash credit + Form 67 mandatory per CBDT Notification 3/2022 + Circular 11/2022 + 12/2022 stricter rules + Form 10F per Income Tax Rules 1962 Rule 21AB + Section 90(4) 8-year TRC retention + DTAA Article 15 employment + Article 16 directors fee + Article 21 other income + FEMA USD 1M / year LRS per FEMA 1999 + RBI Master Direction 2024 + Form FC-TRS within 60 days for NRI + FEMA compounding penalty up to 3x per FEMA 1999 Section 13.
This is not generic ESOP / RSU advice. Section 6662(j)(3) plain text imposes 40% accuracy-related penalty on undisclosed ESOP / RSU perquisite understatement. Section 6663 plain text imposes 75% civil fraud penalty. Section 6501(c)(8)(A) plain text extends statute of limitations to 6 years for substantial omission of foreign asset. Section 271AAB plain text imposes 100% / 200% / 300% penalty for undisclosed foreign income. Section 271AAC plain text imposes 50% / 200% / 300% penalty for undisclosed foreign asset. Section 276CC plain text prosecution willful failure to file return. Section 192A plain text 10% TDS on accumulated EPF balance withdrawal above INR 50,000. Section 197A plain text lower TDS certificate from AO per Section 197 plain text. NRI / OCI senior 60+ parent ESOP / RSU Section 17(2)(vi) standalone filing requires coordinated compliance with Section 17(2)(vi) + Rule 3(7)(iii) + Section 49(2)(iii) + Section 115BBA + Section 192 + Section 56(2)(vii) heir FULL EXEMPT + Form 67 mandatory per CBDT Notification 3/2022 + Form 10F + DTAA Article 15 employment + FEMA USD 1M / year LRS for cross-border tax + FEMA ED RBI Master Direction 2024 + FEMA compounding penalty up to 3x per FEMA 1999 Section 13 + Form FC-TRS within 60 days for NRI.
Senior 60+ parent estate planning for ESOP / RSU requires a 60+ parent estate India 2026 will per Indian Succession Act 1925 Section 63 (codicil + executor + probate + Letters of Administration + succession certificate + Hindu Succession Act 1956 Section 6 coparcener) + FEMA ED RBI Master Direction 2024 (nominee rights + ESOP / RSU transmission + foreign account transmission + signature authority). Where the senior 60+ parent ESOP / RSU holder dies, the ESOP / RSU may attach to the estate + the surviving spouse + the Section 56(2)(vii) heir FULL EXEMPT plain text applies. Black Money Act 2015 imposes 300% penalty under Section 10/11 with no exemption under Section 50 and no set-off under Section 49. Section 6662(j)(3) imposes 40% accuracy-related penalty; Section 6663 imposes 75% civil fraud penalty; Section 6501(c)(8)(A) imposes 6-year statute of limitations. NRI / OCI senior 60+ parent ESOP / RSU + FEMA USD 1M / year LRS + senior 60+ parent estate India 2026 requires Will + FEMA ED RBI Master Direction 2024 + nominee + ESOP / RSU transmission + Estate Tax Treaty (India-USA Estate Tax Treaty 1954) for senior 60+ parent estate. Consult CPA + tax attorney + FEMA consultant + estate lawyer. This article is for educational purposes and not a substitute for CPA + tax attorney + FEMA consultant + estate lawyer advice.
ESOP / RSU Section 17(2)(vi) standalone + Rule 3(7)(iii) + Section 49(2)(iii) + Section 115BBA + Section 192 + senior 60+ parent estate India 2026
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What is the ESOP / RSU Section 17(2)(vi) standalone + Section 17(2)(vi) perquisite FMV at exercise + Rule 3(7)(iii) Income Tax Rules 1962 + Section 49(2)(iii) cost of acquisition at FMV on exercise date + Section 192 salary TDS + Section 115BBA eligible startup 5y lock-in process for NRI / OCI senior 60+ parent?
NRI / OCI senior 60+ parent must apply ESOP / RSU taxation rules per Section 17(2)(vi) plain text perquisite FMV at exercise + Rule 3(7)(iii) Income Tax Rules 1962 plain text valuation method + Section 49(2)(iii) plain text cost of acquisition at FMV on exercise date + Section 23 plain text capital asset sale + Section 45 plain text + Section 48 plain text + Section 55(2) FMV 2001 plain text + Section 111A plain text STCG 15% if STT paid on sale (listed Indian company) + Section 112A plain text LTCG 10% above INR 1 lakh + Section 112 plain text LTCG 20% unlisted + Section 50C plain text NOT applicable for shares per Section 50C(1) explicit text + Section 115BBA plain text eligible startup concession + Section 115BBA(1) plain text deferral of tax on perquisite + Section 115BBA(2) plain text 5y lock-in + Section 115BBA(3) plain text 100% exemption of capital gains if held > 5 years from date of acquisition + Section 115BBA(4) plain text eligible startup definition + Section 80-IAC plain text + Section 80-IBA plain text + DPIIT + Form 1 + Form 2 + GSR 364(E) + Section 192 plain text salary TDS + Section 192A plain text 10% TDS retirement per Section 192A(1)(a) plain text INR 50,000 + Section 197A plain text lower TDS + Section 197 plain text + Form 16 + Form 12BA + Form 24Q TDS return + Form 26Q + Section 271F plain text late filing penalty + Form 67 mandatory per CBDT Notification 3/2022 + Circular 11/2022 + 12/2022 stricter rules + Form 10F per Income Tax Rules 1962 Rule 21AB + Section 90(4) 8-year TRC retention + DTAA Article 15 employment + Article 16 directors fee + Article 21 other income + FEMA USD 1M / year LRS per FEMA 1999 + RBI Master Direction 2024 + Form FC-TRS within 60 days for NRI + Section 6662(j)(3) 40% accuracy + Section 6501(c)(8) 6-year statute of limitations + Section 6663 75% civil fraud + Section 6511(a) 3-year refund claim statute of limitations.
What is Section 17(2)(vi) perquisite FMV at exercise + Rule 3(7)(iii) Income Tax Rules 1962 + Section 49(2)(iii) cost of acquisition at FMV on exercise date + Section 111A STCG 15% + Section 112A LTCG 10% + Section 112 LTCG 20% + Section 50C NOT applicable for shares for NRI / OCI senior 60+ parent ESOP / RSU?
NRI / OCI senior 60+ parent ESOP / RSU + Section 17(2)(vi) plain text perquisite FMV at exercise MINUS exercise price + Rule 3(7)(iii) plain text listed Indian company = closing price on exercise date on BSE / NSE + Rule 3(7)(iii) plain text unlisted Indian company = FMV per Rule 11UA Income Tax Rules 1962 + Rule 3(7)(iii) plain text foreign company = FMV per Rule 11UA + Section 49(2)(iii) plain text cost of acquisition at FMV on exercise date + Section 17(1) plain text salary + Section 17(2)(vi) plain text perquisite added to salary income + Section 45 plain text + Section 48 plain text + Section 55(2) FMV 2001 plain text + Section 111A plain text STCG 15% if STT paid on sale (listed Indian company) + Section 112A plain text LTCG 10% above INR 1 lakh + Section 112 plain text LTCG 20% unlisted + Section 50C plain text NOT applicable for shares per Section 50C(1) explicit text + Section 23 plain text capital asset sale + STT 0.1% on listed sale + Section 54 / 54F reinvestment exemption NOT applicable for ESOP / RSU shares typically. NRI / OCI senior 60+ parent ESOP / RSU + Section 17(2)(vi) + Rule 3(7)(iii) + Section 49(2)(iii) + Section 111A + Section 112A + Section 112.
How does Section 115BBA eligible startup concession + Section 115BBA(1) deferral of tax on perquisite + Section 115BBA(2) 5y lock-in + Section 115BBA(3) 100% exemption + Section 115BBA(4) eligible startup + Section 80-IAC + Section 80-IBA affordable housing + DPIIT + Form 1 + Form 2 + GSR 364(E) apply to NRI / OCI senior 60+ parent ESOP / RSU?
NRI / OCI senior 60+ parent ESOP / RSU + Section 115BBA plain text eligible startup concession + Section 115BBA(1) plain text deferral of tax on perquisite + Section 115BBA(2) plain text 5y lock-in + Section 115BBA(3) plain text 100% exemption of capital gains if held > 5 years from date of acquisition + Section 115BBA(4) plain text eligible startup definition + DPIIT + Form 1 + Form 2 + GSR 364(E) + Section 80-IAC plain text eligible startup + Section 80-IAC(1) plain text 3 out of 10 years + Section 80-IAC(2) plain text turnover < INR 100 crore + Section 80-IAC(3) plain text DPIIT recognition + Section 80-IBA plain text affordable housing project. ESOP perquisite taxable at exercise per Section 17(2)(vi) plain text, but capital gains on sale of shares held > 5 years from date of acquisition is fully exempt per Section 115BBA(2) plain text + 115BBA(3) plain text — but only if DPIIT-recognized eligible startup employee + ESOP / RSU scheme from eligible startup employer + shares held > 60 months + Section 115BBA(4) plain text eligible startup per Section 80-IAC plain text. NRI / OCI senior 60+ parent ESOP / RSU + Section 115BBA eligible startup 5y lock-in + Section 80-IAC + DPIIT.
How does Section 192 salary TDS + Section 192(1) employer deduction at source + Section 192(2A) 10% TDS retirement + Section 192A 10% TDS retirement per Section 192A(1)(a) INR 50,000 + Section 197A lower TDS + Section 197 + Form 16 + Form 12BA + Form 24Q TDS return + Form 26Q + Section 271F late filing penalty apply to NRI / OCI senior 60+ parent ESOP / RSU?
NRI / OCI senior 60+ parent ESOP / RSU + Section 192 plain text salary TDS + Section 192(1) plain text employer deduction at source + Section 192(2A) plain text 10% TDS retirement + Section 192A plain text 10% TDS on accumulated EPF balance withdrawal above INR 50,000 per Section 192A(1)(a) plain text + Section 192A(2) plain text + Section 192A(3) plain text + Section 197A plain text lower TDS certificate from AO per Section 197 plain text + Section 197(1) plain text lower TDS certificate + Form 16 + Form 12BA + Form 24Q TDS return + Form 26Q + Section 271F plain text late filing penalty. NRI / OCI senior 60+ parent ESOP / RSU + Section 17(2)(vi) perquisite FMV at exercise + Section 192 salary TDS on perquisite + Section 197A lower TDS + Form 16 + Form 24Q + Section 271F late filing penalty.
How does Section 56(2)(vii) heir FULL EXEMPT for ESOP / RSU inheritance + Section 49(1) cost inheritance + Section 49(2)(iii) cost to previous owner + Section 50C NOT applicable for shares + Section 271AAB + 271AAC + Section 6662(j)(3) 40% + Section 6663 75% + Section 6501(c)(8) 6y statute + Form 67 + DTAA Article 15 + FEMA USD 1M / year apply to NRI / OCI senior 60+ parent ESOP / RSU?
NRI / OCI senior 60+ parent ESOP / RSU + Section 56(2)(vii) plain text heir FULL EXEMPT specified relative + Section 49(1) plain text cost inheritance + Section 49(2)(iii) plain text cost to previous owner + Section 50C plain text NOT applicable for shares per Section 50C(1) explicit text + Section 271AAB plain text 100% / 200% / 300% undisclosed foreign income + Section 271AAC plain text 50% / 200% / 300% undisclosed foreign asset + Section 270A plain text 50% / 200% under-reporting / mis-reporting + Section 270AA plain text immunity + Section 276CC plain text prosecution willful failure to file return + Section 6662(j)(3) plain text 40% accuracy-related penalty + Section 6663 plain text 75% civil fraud penalty + Section 6501(c)(8) plain text 6-year statute of limitations + Form 67 mandatory per CBDT Notification 3/2022 + Circular 11/2022 + 12/2022 stricter rules + Form 10F per Income Tax Rules 1962 Rule 21AB + Section 90(4) 8-year TRC retention + DTAA Article 15 employment + Article 16 directors fee + Article 21 other income + FEMA USD 1M / year LRS per FEMA 1999 + RBI Master Direction 2024 + Form FC-TRS within 60 days for NRI + FEMA compounding penalty up to 3x per FEMA 1999 Section 13 + FEMA NRO 7-year retention per RBI Circular 47/2015 + 12/2015 + 10-year US/UK/CA/AU retention debated + senior 60+ parent estate.
What is the senior 60+ parent estate planning implication of NRI / OCI senior 60+ parent ESOP / RSU + FEMA USD 1M / year + Estate Tax Treaty + senior 60+ parent estate India 2026?
NRI / OCI senior 60+ parent ESOP / RSU has senior 60+ parent estate implications. The senior 60+ parent should have a will per Indian Succession Act 1925 Section 63 with 2 witnesses + codicil + executor + probate + Letters of Administration + succession certificate + Hindu Succession Act 1956 Section 6 coparcener (for Hindus). FEMA ED RBI Master Direction 2024 governs nominee rights + ESOP / RSU transmission + foreign account transmission + signature authority. Where the senior 60+ parent ESOP / RSU holder dies, the ESOP / RSU may attach to the estate + the surviving spouse + the Section 56(2)(vii) heir FULL EXEMPT plain text applies. Black Money Act 2015 imposes 300% penalty under Section 10/11 with no exemption under Section 50 and no set-off under Section 49. Section 6662(j)(3) imposes 40% accuracy-related penalty; Section 6663 imposes 75% civil fraud penalty; Section 6501(c)(8)(A) imposes 6-year statute of limitations. NRI / OCI senior 60+ parent ESOP / RSU + FEMA USD 1M / year LRS + senior 60+ parent estate India 2026 requires Will + FEMA ED RBI Master Direction 2024 + nominee + ESOP / RSU transmission + Estate Tax Treaty (India-USA Estate Tax Treaty 1954) for senior 60+ parent estate.
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