• Registered Users :
  • 157551
  • Current Active Users :
  • 99543

News INCOME TAX

  • Aug 09, 2019
  • Angel Tax: Summary relief for recognised start-ups

    In what would bring clarity to the start-ups that have been served with notices by the income-tax department under the so-called angel tax provision, the Central Board of Direct Taxes on Thursday said the department would ‘summarily accept’ contention of start-ups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT), if the notices pertained only to the angel tax section.