Request to LocalCircles
Kindly conduct a poll where we can demand that the Finance Minister and revenue secretary and cbdt convene a meeting of all income tax commissioners of state and give them orientation of how startup funding works.
Startups are getting tax notices where share premium is being looked as the startups income and they are being asked to pay tax on it Entrepreneurs are busy explaining themselves to tax officials than build their startups.
#infantdeath more
Startups are getting tax notices where share premium is being looked as the startups income and they are being asked to pay tax on it Entrepreneurs are busy explaining themselves to tax officials than build their startups.
#infantdeath more
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Govt may create website for applying for startup company loans by firms who have an industrial unit constructed recently. The attachments to application can be sales deed, Industrial unit number (in industrial parks). Any case attempt to cheat the govt/ public shall be traceable more
Nov 05
It is most common even you see recent IPO,THEY ARE Issuing shares at even 50 times,so what is big in issuing shares @Rs,360.Who are the ITO to question ?They should see the applicant or Buyer of shares is genuine or not. more
Nov 04
Vishal Sharma ji, let the Start Up Companies form an Association to present the issues unitedly. Second, engage is competent CA to take care of Tax issues. more
Nov 04
