The Department of Industrial Policy & Promotion (DIPP) has taken notice of the news reports regarding issue of notices by Income Tax authorities to Angel Investors / Start-ups. DIPP in consultation with the Department of Revenue (DoR) has put in place a mechanism since April 2018 to grant exemption from the provisions of Section 56(2)(viib) […]
The post Income Tax Notice to Angel Investors: DIPP to take Measures to Avoid Harrassment appeared first on Taxscan | Simplifying Tax Laws.
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