My situation is slightly different - my company has paid compensation for loss of value due to subsidiary spin-off towards ESOPs that I hold now. My India CA is clear we should treat this payment as capital receipt and pay tax in India whenever I exercise corresponding ESOPs - not this FY. How do I report this income in current year's US tax return? Can I postpone such reporting whenever I settle this in India (e.g., exercise of ESOPs)? Thanks
