Start-up Cell for redressal of grievances - Income Tax Department
Quote from sudheendra@sudheendra.co.in on September 7, 2019, 3:46 pmStart-up Cell for redressal of grievances - Income Tax Department
CBDT constitutes Start-up Cell for redressal of grievances related to Start-ups
Key Point:
a) withdrawal of ‘Angel Tax’ provisions for Start-ups and their investors.
b) a dedicated cell would be set up under a Member of CBDT for addressing the specific problems of Start-ups.
c) The Cell will work towards redressal of grievances and mitigate tax-related issues in case of Start-up entities with respect to administration of the Income-tax Act, 1961.
d) Start-up entities can approach the Cell for speedy resolution of their grievances.
Start-up Cell for redressal of grievances - Income Tax Department
CBDT constitutes Start-up Cell for redressal of grievances related to Start-ups
Key Point:
a) withdrawal of ‘Angel Tax’ provisions for Start-ups and their investors.
b) a dedicated cell would be set up under a Member of CBDT for addressing the specific problems of Start-ups.
c) The Cell will work towards redressal of grievances and mitigate tax-related issues in case of Start-up entities with respect to administration of the Income-tax Act, 1961.
d) Start-up entities can approach the Cell for speedy resolution of their grievances.