Angel Tax

  • Income Tax

CBDT notifies class of persons not covered under Angel Tax

CBDT notifies class of persons investment by whom not covered under Angel Tax u/s 56(2)(viib)  MINISTRY OF FINANCE(Department of Revenue)(CENTRAL…

11 months ago
  • Income Tax

CBDT proposes changes to Rule 11UA of Angel TAX- Excluded Entities to be notified

CBDT proposes changes to Rule 11UA in respect of ANGEL TAX- Also proposes to  notify Excluded Entities In the Finance…

11 months ago
  • Income Tax

Additions agreed during assessment proceedings can be challenged – ITAT allowed appeal

Additions agreed during assessment proceedings can be challenged in appeal when assessee itself not made disallowance in return of income…

4 years ago
  • Income Tax

CBDT Consolidated circular for income tax assessment of Startups

CBDT Consolidated circular for income tax assessment of Startups-Procedure, time limit, additions u/s 56(2)(viib), demand etc. Circular No. 22/2019 Central…

5 years ago
  • Income Tax

Procedure for Scrutiny of Startup Companies on application of section 56(2)(viib)-CBDT Circular

Procedure for Scrutiny assessment of Startup Companies on application of section 56(2)(viib). Clarification by CBDT Circular No. 16/2019 Government of…

5 years ago
  • Income Tax

CBDT has exempted 702 startups from angel tax u/s 56(2)(viib) of Income Tax Act

CBDT has exempted 702 startups from angel tax u/s 56(2)(viib) of Income Tax Act. Startups receiving investments from Ventures Capital…

5 years ago
  • Income Tax

Startup Certification u/s 80-IAC and Exemption u/s 56(2)(viib) of Income Tax Act

Startup Certification u/s 80-IAC & exemption u/s 56(2)(viib) of Income Tax Act- Govt. amends Startup Rules MINISTRY OF COMMERCE AND…

5 years ago
  • Income Tax

Recovery of Tax from Travel Khana not on account of angel tax-CBDT justifies action

Recovery of Tax from Travel Khana not on account of angel tax-CBDT justifies action and clarifies that addition was made…

5 years ago
  • Government

DIPP takes up matter of Income Tax Notice to Angel Investors / Start-ups with DoR

Press Information Bureau Government of India New Delhi, December 19th 2018 DIPP Clarification on IT Notice to Angel Investors /…

5 years ago
  • Income Tax

Startups exempted from issue of share price in excess of face value-CBDT Notification

Startups exempted from issue of share price in excess of face value MINISTRY OF FINANCE (Department of Revenue) (Central Board…

6 years ago