Angel Tax: CBDT circular says startups will need to take appeals route

The Central Board of Direct Taxes issued a Gazette notification which said startups that have received notices from the Income Tax Department under Section 56(2)(viib) of the Income Tax Act, 1961, will have to take the appeals route.

Update: 2019-03-07 18:00 GMT
  • The Central Board of Direct Taxes issued a Gazette notification which said startups that have received notices from the Income Tax Department under Section 56(2)(viib) of the Income Tax Act, 1961, wil...

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