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.

Published : December 20, 2018 09:54 PM IST