Angel Tax: CBDT asks LocalCircles to furnish details of affected startups

To fast track the solution process for startups troubled by the Angel Tax, the Central Board of Direct Taxes (CBDT) has asked social media platform LocalCircles to furnish startups details, who have pending appeals or order under the draconian tax.

CBDT has aksed LocalCircles to collect details including names, PAN and income tax notices of startups on Friday in a meet.

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