CBDT simplifies process of angel tax assessment for startups
Central Board of Direct Taxes (CBDT) as simplified the angel-tax assessment process under which any action would be taken against such entities only after approval of a supervisory officer. No verification will be done by an assessing officer if a startup has been recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) and the case is selected under limited scrutiny.
Click on the Download link below to access complete article.
Download Pdf
