Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

CBDT constitutes Start-up Cell for redressal of grievances related to Start-ups

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... CBDT constitutes Start-up Cell for redressal of grievances related to Start-ups - News and Press Release Dated:- 31-8-2019 - News - Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 30th August, 2019 PRESS RELEASE CBDT constitutes Start-up Cell for redressal of grievances re .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... lated to Start-ups One of the measures pertaining to taxation 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 CBD .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... T for addressing the specific problems of Start-ups. In order to redress 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 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Member (IT C) Chairman 2 JS-TPL-II Member 3 CIT(ITA) Member 4 Director (ITA-I) Member Secretary .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 5 Under Secretary(ITA-I) Member The Cell will work towards redressal of grievances 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- .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... I, Room No.245A, North Block, New Delhi 110001 as well as online at startupcell.cbdt@gov.in. The Cell will also be accessible telephonically on 011- 23095479 /23093070 (F). Start-up entities can 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- .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ups. (Surabhi Ahluwalia) Commissioner of Income Tax (Media Technical Policy) Official Spokesperson, CBDT. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates