https://www.scconline.com/blog/post/2020/12/25/kar-hc-income-from-the-exercise-of-the-stock-option-has-to-be-treated-as-income-from-salaries-only-when-the-relationship-of-employer-employee-is-established-for-the-purposes-of-s-15-17-of-it-act/
Kar HC | Income from the exercise of the stock option has to be treated as income from salaries only when the relationship of employer-employee is established for purposes of S. 15-17 of IT Act