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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...
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]")
