DIPP takes up matter of new IT notices to Start-ups with Dept. of Revenue
(Date: 21/12/2018)
As per the recent media reports, the Income-tax dept. is issuing new notices to Start-ups asking them copies of tax returns, bank statements, correspondence and ledger details of their investors. DIPP has taken up this matter of issue of notices with Department of Revenue so that there is no harassment of angel Investors or Start-ups.