Can I read Angel Tax Amendments for Non-Residents on EtoBox?

Angel Tax Amendments for Non-Residents by Garima Seth is a document available to read on EtoBox.

What is Angel Tax Amendments for Non-Residents about?

The document discusses recent changes made by the Central Board of Direct Taxes (CBDT) regarding Section 56(2)(viib) of the Income Tax Act, which deals with angel tax provisions for share premium received from non-resident investors. Specifically, it summarizes that (1) the CBDT has provided some relief by notifying certain non-resident investors from 21 countries who will not be subject to angel tax, and extending current start-up reliefs to non-residents; (2) the CBDT published draft rules proposing new v

Author

Garima Seth

Language

EN