TMI BlogDIPP Clarification on IT Notice to Angel Investors/Start-upsX X X X Extracts X X X X X X X X Extracts X X X X ..... DIPP Clarification on IT Notice to Angel Investors/Start-ups - News and Press Release Dated:- 20-12-2018 - News - The Department of Industrial Policy Promotion(DIPP) has taken notice of the news r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eports regarding issue of notices by Income Tax authorities to Angel Investors/Start-ups. DIPP in consultation with the Department of Revenue (DoR) has put in place a mechanism since April 2018 to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... grant exemption from the provisions of Section 56(2)(viib) of the Income Tax Act to genuine investors in recognised start-ups. DIPP has again taken up this matter of issue of IT notices with th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e DoR so that there is no harassment of Angel Investors or Start-ups.Government is committed to protecting bona fide investments into start-ups. - News - Press release - PIB Tax Management India - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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