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TMI BlogCBDT constitutes Start-up Cell for redressal of grievances related to Start-upsX X X X Extracts X X X X X X X X Extracts X X X X ..... CBDT constitutes Start-up Cell for redressal of grievances related to Start-ups X X X X Extracts X X X X X X X X Extracts X X X X ..... announced by the Hon'ble Finance Minister as part of the several measures to boost the economy, was the withdrawal of 'Angel Tax' provisions for Start-ups and their investors. As part of the measures for mitigating the genuine difficulties of Start-ups, it was decided that a dedicated cell would be set up under a Member of CBDT for addressing the specific problems of Start-ups. In order to redres ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s grievances and address various tax related issues in the cases of Start-ups, a Start-up Cell has been constituted by CBDT on 30.08.2019 with the following ex-officio members: SN Portfolio Designation 1 Member (IT &C) Chairman 2 JS-TPL-II Member 3 CIT(ITA) Member 4 Director (ITA-I) Member Secretary 5 Under Secretary(ITA-I) Member The Cell will work towards redressal of grievanc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es and mitigate tax-related issues in case of Start-up entities with respect to administration of the Income-tax Act, 1961. Grievances relating to Start-ups may be filed with the O/o Under Secretary, ITA-I, Room No.245A, North Block, New Delhi - 110001 as well as online at [email protected]. The Cell will also be accessible telephonically on 011- 23095479 /23093070 (F). Start-up entities c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... an approach the Cell for speedy resolution of their grievances. This initiative is the latest amongst the recent initiatives taken by CBDT to further ease the compliance issues pertaining to Start-ups.
(Surabhi Ahluwalia)
Commissioner of Income Tax
(Media & Technical Policy)
Official Spokesperson, CBDT. X X X X Extracts X X X X X X X X Extracts X X X X
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