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

....BDT constitutes Start-up Cell for redressal of grievances related to Start-ups <br>News and Press Release<br>Dated:- 31-8-2019<br><BR>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 related to Start-ups One of the measures pertaining to taxation a....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nnounced 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 redress....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 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 grievance....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s 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 ca....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....n 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.<BR> News - Press release - PIB....