{"id":13852,"date":"2019-08-31T13:20:09","date_gmt":"2019-08-31T07:50:09","guid":{"rendered":"http:\/\/itatonline.org\/info\/?p=13852"},"modified":"2019-08-31T13:20:09","modified_gmt":"2019-08-31T07:50:09","slug":"cbdt-sets-up-high-power-startup-cell-to-redress-grievances-of-startup-entities","status":"publish","type":"post","link":"https:\/\/itatonline.org\/info\/cbdt-sets-up-high-power-startup-cell-to-redress-grievances-of-startup-entities\/","title":{"rendered":"CBDT Sets Up High-Power &#8220;Startup Cell&#8221; To Redress Grievances Of Startup Entities"},"content":{"rendered":"<p>Pursuant to complaints from eminent citizens that the Income-tax Department is indulging in &#8220;<em>tax terrorism<\/em>&#8221; of start-up entities, a &#8220;<em>startup cell<\/em>&#8221; comprising of five high-ranking officials of the CBDT has been set up to redress grievances and address various tax related issues in the cases of Startups. The CBDT had earlier instructed AOs that no coercive measures to recover the outstanding demand should be taken if additions have been made u\/s 56(2)(viib) of the Income-tax Act, 1961 read with Rule 11UA(2)<\/p>\n<p><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<!-- responsive --><br \/>\n<ins class=\"adsbygoogle\"\n     style=\"display:block\"\n     data-ad-client=\"ca-pub-6440093791992877\"\n     data-ad-slot=\"6406297397\"\n     data-ad-format=\"auto\"><\/ins><br \/>\n<script>\n(adsbygoogle = window.adsbygoogle || []).push({});\n<\/script> <\/p>\n<div class=\"journal2\"><a href=\"https:\/\/itatonline.org\/info\/cbdt-sets-up-high-power-startup-cell-to-redress-grievances-of-startup-entities\/cbdt-startup-cell\/\" rel=\"attachment wp-att-13853\">Click here to download CBDT&#8217;s office order dated 30th August 2019<\/a> <\/div>\n<div class=\"journal2\">See also: <a href=\"https:\/\/itatonline.org\/info\/cbdt-bails-out-start-ups-angel-funds-from-tax-terrorism-of-aos\/\">CBDT Bails Out Start-Ups &#038; Angel Funds From Tax Terrorism Of AOs<\/a><\/div>\n<div class=\"journal2\">See also: <a href=\"https:\/\/itatonline.org\/info\/cbdt-press-release-on-angel-tax-terrorism-of-start-ups\/\">CBDT Press Release On \u2018Angel Tax Terrorism\u2019 Of Start-Ups<\/a><\/div>\n<blockquote class=\"twitter-tweet\" data-cards=\"hidden\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Draconian Angel tax torturing startups: It\u2019s killing genuine innovation <br \/>\u2066<a href=\"https:\/\/twitter.com\/PMOIndia?ref_src=twsrc%5Etfw\">@PMOIndia<\/a>\u2069 \u2066<a href=\"https:\/\/twitter.com\/narendramodi?ref_src=twsrc%5Etfw\">@narendramodi<\/a>\u2069 \u2066<a href=\"https:\/\/twitter.com\/arunjaitley?ref_src=twsrc%5Etfw\">@arunjaitley<\/a>\u2069 \u2066<a href=\"https:\/\/twitter.com\/sureshpprabhu?ref_src=twsrc%5Etfw\">@sureshpprabhu<\/a>\u2069 \u2066<a href=\"https:\/\/twitter.com\/sanjeevsanyal?ref_src=twsrc%5Etfw\">@sanjeevsanyal<\/a>\u2069 Sir this has started again in big <a href=\"https:\/\/t.co\/hwFttS1aZi\">https:\/\/t.co\/hwFttS1aZi<\/a> intervene urgent  <a href=\"https:\/\/t.co\/a63XKp4sIa\">https:\/\/t.co\/a63XKp4sIa<\/a><\/p>\n<p>&mdash; Mohandas Pai (@TVMohandasPai) <a href=\"https:\/\/twitter.com\/TVMohandasPai\/status\/1074896724882284544?ref_src=twsrc%5Etfw\">December 18, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/narendramodi?ref_src=twsrc%5Etfw\">@narendramodi<\/a> Sir we need your direct intervention to solve the issue of tax terrorism for Angel Tax. The anger amongst start ups is very worrisome. Pl intervene. All the good work of govt through start up India is being negated! <a href=\"https:\/\/twitter.com\/PMOIndia?ref_src=twsrc%5Etfw\">@PMOIndia<\/a> we do not our innovators to go overseas <a href=\"https:\/\/t.co\/04L1EzfCgx\">https:\/\/t.co\/04L1EzfCgx<\/a><\/p>\n<p>&mdash; Mohandas Pai (@TVMohandasPai) <a href=\"https:\/\/twitter.com\/TVMohandasPai\/status\/1075289530322903042?ref_src=twsrc%5Etfw\">December 19, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Why is the Modi Govt blundering on the Start-up economy by recklessly introducing a tax on angel investments?  This will only drive away investments overseas n starve Indian start ups. <a href=\"https:\/\/twitter.com\/NITIAayog?ref_src=twsrc%5Etfw\">@NITIAayog<\/a> n MoF r failing young entrepreneurs n even killing jobs. <a href=\"https:\/\/twitter.com\/PMOIndia?ref_src=twsrc%5Etfw\">@PMOIndia<\/a> <a href=\"https:\/\/twitter.com\/TVMohandasPai?ref_src=twsrc%5Etfw\">@TVMohandasPai<\/a><\/p>\n<p>&mdash; Kiran Mazumdar Shaw (@kiranshaw) <a href=\"https:\/\/twitter.com\/kiranshaw\/status\/1076017130951213056?ref_src=twsrc%5Etfw\">December 21, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p>F.No. 187\/6\/2019-ITA-I<br \/>\nGovernment of India<br \/>\nMinistry of Finance<br \/>\nDepartment of Revenue<br \/>\nCentra l Board of Direct Taxes<br \/>\n(ITA-I Division)<br \/>\n*****<br \/>\nNew Delhi , dated the3\u00b0&#8217;kugust, 2019<br \/>\nORDER<br \/>\nSubject:- Constitution of Startup Cell for redressal of grievances and mitigation of<br \/>\nother tax-related issues &#8211; regarding.<br \/>\nIn order to redress grievances an d address various tax related issues in the cases<br \/>\nof Startu ps, a Startup Cell is hereby cons tituted with the following ex-officio members:<br \/>\nSN Portfolio Desiznation Contact Number<br \/>\n1 Member !IT &#038;C\\ Chairman 011-23092831<br \/>\n2 JS-TPL-II Member 011-23092859<br \/>\n3 CIT(ITA) Member 011-23092837<br \/>\n4 Direc tor (ITA-I) Member Secretary 011-20392107<br \/>\n5 Under Secretarv (ITA-I) Member 011-20395479<br \/>\n2. The Cell will work towards redressal of grievances an d mitigate tax-related<br \/>\nissues in case of Startup entities with respect to ad ministration of Income-tax Act, 1961.<br \/>\n3. The Cell, for any grievances\/communica tions relating to Startups may be<br \/>\napproached at % Under Secretary, ITA-I, Room No. 245A, North Block, New Delhi 110001.<br \/>\nPh. No. 011-23095479 \/ 23093070 (F). The Cell will also be accessible at<br \/>\nstartupcell.cbdt@gov.in.<br \/>\n4. This issues with the approval of Chairman, CBDT.<br \/>\nYours faithfully,<br \/>\n( Prajna Paramita )<br \/>\nDirector (ITA-I)<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Pursuant to complaints from eminent citizens that the Income-tax Department is indulging in &#8220;<em>tax terrorism<\/em>&#8221; of start-up entities, a &#8220;<em>startup cell<\/em>&#8221; comprising of five high-ranking officials of the CBDT has been set up to redress grievances and address various tax related issues in the cases of Startups. The CBDT had earlier instructed AOs that no coercive measures to recover the outstanding demand should be taken if additions have been made u\/s 56(2)(viib) of the Income-tax Act, 1961 read with Rule 11UA(2)<\/p>\n<div class=\"read-more\"><a href=\"https:\/\/itatonline.org\/info\/cbdt-sets-up-high-power-startup-cell-to-redress-grievances-of-startup-entities\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1,7],"tags":[],"class_list":["post-13852","post","type-post","status-publish","format-standard","hentry","category-all-information","category-others"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/posts\/13852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/comments?post=13852"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/posts\/13852\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/media?parent=13852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/categories?post=13852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/tags?post=13852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}