Government to set up panel to look into tax issues faced by startups
Updated : December 21, 2018 06:02 AM IST
It added that "no coercive action or measures to recover the demands of completed assessment under income tax would be taken" against such firms.
This was decided at a high-level meeting of Department of Revenue Secretary Ajay Bhushan Pandey, Department of Industrial Policy and Promotion (DIPP) Secretary Ramesh Abhishek, and Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra.
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