Friday, June 28, 2019

702 start-ups have been exempted from Angel Tax provisions till June 21, 2019: Ministry of Commerce

The Ministry of Commerce and Industry has clarified that as on 21 June, 2019 a total of 944 applications for Angel Tax Exemption have been received by DPIIT. Out of these, 39 applications have been found to be incomplete and 203 applications were repeat or modified applications. The CBDT has exempted 702 startups under this provision.

from taxmann.com News https://ift.tt/31ZrA5C
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