Tag: CBDT

Relief for startups caught in angel tax imbroglio, DPIIT, CBDT hold discussions on demands

NEW DELHI: India’s tax officials will take into account the new policy framework for startupsthat was announced on February 19 and not press ahead with showcause notices that have already been issued, providing…

Do Not Act Tough With Startups To Recover Pending Taxes, CBDT Tells Income Tax Department

New Delhi: The CBDT has directed the taxman not to undertake “coercive” steps in recovering pending taxes from startups under a specific provision of the Income Tax Act, a…