Sponsored
    Follow Us:
Sponsored

Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes

New Delhi, 30th August, 2019

PRESS RELEASE

CBDT constitutes Start-up Cell for redressal of grievances related to Start-ups

One of the measures pertaining to taxation announced by the Hon’ble Finance Minister as part of the several measures to boost the economy, was the withdrawal of ‘Angel Tax’ provisions for Start-ups and their investors. As part of the measures for mitigating the genuine difficulties of Start-ups, it was decided that a dedicated cell would be set up under a Member of CBDT for addressing the specific problems of Start-ups.

In order to redress grievances and address various tax related issues in the cases of Start-ups, a Start-up Cell has been constituted by CBDT on 30.08.2019 with the following ex-officio members:

SN Portfolio Designation Chairman
1 Member (IT &C)
2 JS-TPL-II Member
3 CIT(ITA) Member
4 Director (ITA-I) Member Secretary Member
5 Under Secretary(ITA-I)

The Cell will work towards redressal of grievances and mitigate tax-related issues in case of Start-up entities with respect to administration of the Income-tax Act, 1961.

Grievances relating to Start-ups may be filed with the 0/o Under Secretary, ITA-1, Room No.245A, North Block, New Delhi – 110001 as well as online at startupcell.cbdt@gov.in. The Cell will also be accessible telephonically on 011­23095479 /23093070 (F).

Start-up entities can approach the Cell for speedy resolution of their grievances. This initiative is the latest amongst the recent initiatives taken by CBDT to further ease the compliance issues pertaining to Start-ups.

(Surabhi Ahluwalia)
Commissioner of Income Tax
(Media & Technical Policy)
Official Spokesperson, CBDT.

————–

F.No. 187/6/2019-ITA-I
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
(ITA-I Division)

*****

New Delhi, dated the 30th August, 2019

ORDER

Subject:- Constitution of Startup Cell for redressal of grievances and mitigation of other tax-related issues – regarding.

In order to redress grievances and address various tax related issues in the cases of Startups, a Startup Cell is hereby constituted with the following ex-officio members:

SN Portfolio Designation Contact Number
1 Member (IT &C) Chairman 011-23092831
2 JS-TPL-II Member 011-23092859
3 CIT (ITA) Member 011-23092837
4 Director (ITA-I) Member Secretary 011-20392107
5 Under Secretary (ITA-I) Member 011-20395479

2. The Cell will work towards redressal of grievances and mitigate tax-related issues in case of Startup entities with respect to administration of Income-tax Act, 1961.

3. The Cell, for any grievances/communications relating to Startups may be approached at 0/o Under Secretary, ITA-I, Room No. 245A, North Block, New Delhi – 110001. Ph. No. 011-23095479 /23093070 (F). The Cell will also be accessible at startupcell.cbdt@gov.in.

4. This issues with the approval of Chairman, CBDT.

Yours faithfully,

( Prajna Paramita )

Director (ITA-I)

Copy to:-

1. The Finance Minister, North Block, New Delhi.

2. The Revenue Secretary, Ministry of Finance, North Block, New Delhi.

3. The Chairman, CBDT, Ministry of Finance, North Block, New Delhi.

4. All Pr. CCIT/Pr. DGIT.

5. All members of the Committee.

6. Data Base Cell, CBDT.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031