Startup India Vision 2024: Income Tax Rebate for Founders who Sell their Properties
5 May 2019 12:16 PM IST
Aspiring entrepreneurs often sell their residential properties to support their startup ventures and keep it moving. However, according to Income Tax Act
- Aspiring entrepreneurs often sell their residential properties to support their startup ventures and keep it moving.
- DPIIT has recommended amendments in Section 54GB and Section 79 (carry forward and set off of losses in case of certain companies) of the Income Tax Act in order to promote growth of budding entrepreneurs, who face difficulty in raising finances.
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