Unlocking the Mysteries of Angel Tax in India: A Comprehensive Guide to its Meaning, Advantages and Disadvantages

Naveen Kumar , Last updated: 20 October 2023  
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Angel tax refers to a contentious issue in Indias startup ecosystem. It was not an official tax term but rather a colloquial name given to the provisions under Section 56(2)(viib) of the Income Tax Act, 1961, which allowed tax authorities to scrutinize and tax angel investments at a rate higher than

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Naveen Kumar
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Category Income Tax   Report

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