What is Angel Tax and Why Was it Introduced?
What is Angel Tax and Why Was it Introduced? Angel Tax, introduced in 2012 under Section 56(2)(viib) of the Income Tax Act 1961, was a tax levied...
CBDT notifies Exemptions to Startups on Income Tax Chargeable u/s 56(2)(viib) of Income Tax Act [Read Notification]
Suppressing the notification vide number S.O. 1131(E) dated 5th March 2019, the Central Board of Direct Taxes (CBDT) has notified the exemption to startups on income tax chargeable under the head...
![CBDT notifies Exemptions to Startups on Income Tax Chargeable u/s 56(2)(viib) of Income Tax Act [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/05/CBDT-notifies-Exemptions-to-Startups-on-Income-Tax-Chargeable-Income-Tax-Act-TAXSCAN.jpg "CBDT notifies Exemptions to Startups on Income Tax Chargeable u/s 56(2)(viib) of Income Tax Act [Read Notification]")
Application for Fast Track Corporate Insolvency Resolution Process can be made in respect of 'Startups': MCA [Read Notification]
In a significant move, the Ministry of Corporate Affairs (MCA) has notified that an application for fast track corporate insolvency resolution process may be made in respect of start-ups defined...
![Application for Fast Track Corporate Insolvency Resolution Process can be made in respect of Startups: MCA [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/10/Startup-NCLT-IBC-Corporate-Insolvency-Resolution-Process-Startups-MCA-TAXSCAN.jpeg "Application for Fast Track Corporate Insolvency Resolution Process can be made in respect of Startups: MCA [Read Notification]")
Relief to Startups from Angel Tax: Proper Methodology to be followed while Valuing a Company during Valuation rounds, says Delhi High Court [Read Judgment]
The Delhi High Court while giving relief to the startups from angel tax ruled that if a proper methodology is followed while valuing a company during valuation rounds, it should not be challenged...
![Relief to Startups from Angel Tax: Proper Methodology to be followed while Valuing a Company during Valuation rounds, says Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Angel-Tax-Startups-Delhi-High-Court-Valuation-Taxscan.jpg "Relief to Startups from Angel Tax: Proper Methodology to be followed while Valuing a Company during Valuation rounds, says Delhi High Court [Read Judgment]")
Know about 11 provisions of Companies (Amendment) Act, 2020 effective from today [Read Notification]
The Ministry of Corporate Affairs (MCA) notified 22 January 2021 as the date on which 11 provisions of the Companies (Amendment) Act, 2020 will be enforced. Sections 2, 11, 25, 27, 53, 55, 58, 59,...
![Know about 11 provisions of Companies (Amendment) Act, 2020 effective from today [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/01/11-provisions-of-Companies-Amendment-Act-Taxscan.jpg "Know about 11 provisions of Companies (Amendment) Act, 2020 effective from today [Read Notification]")
