Thursday, January 17, 2019

Start-up tax exemption procedure simplified; merchant banker valuation report withdrawn

The DIPP has substituted Para (4) of its earlier issued Notification no. GSR 364(e) which provides for conditions to be fulfilled by the start-up cos. and investors for claiming exemptions. The relaxations provided by the DIPP’s new notification, which shall be in force from January 16, 2019, are enumerated in subsequent paragraphs.

from taxmann.com News http://bit.ly/2VU5bnr
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