Angel tax issue: I-T dept issues notices to startups again
In what has again triggered tax issues, several startups are receiving Income Tax notices on angel funding they received few years ago. This even as FM Arun Jaitley & DIPP gave clarity on not taxing early stage fundraising. Notices are demanding 30% of Angel money raised as tax.ET Now's Rahul dayama joins in with more details. Listen in!
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