Angel Tax: No CBDT Relief For Ongoing Cases
Employees work at a startup office in New Delhi (Photographer: Sara Hylton/Bloomberg)

Angel Tax: No CBDT Relief For Ongoing Cases

The tax department’s much-awaited notification on angel tax is out and it doesn’t bring good news for startups facing scrutiny.The angel tax notices stem from Section 56(2)(viib) of the Income Tax ...
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