START-UP CELL

Aug. 31, 2019

The Central Board of Direct Taxes (CBDT) notified the creation of a five-member special cell to address grievances of startups with relation to angel tax and other tax-related issues.

About: 

  • The 'startup cell' will be headed by the member (Income Tax and Computerisation) of CBDT. 

  • The cell will work towards redressal of grievances and mitigate tax-related issues in case of startup entities with respect to administration of Income-tax Act, 1961. 

Source : Livemint