Daily Archives: May 29, 2023

CBDT releases notifications easing constraints of Angel Tax

Posted on May 29, 2023

Pursuant to Press Release dated 19.05.2023 proposing changes with respect to Angel Tax, CBDT has issued notification no. 29 dated 24.05.2023. CBDT notifies the class or classes of persons for inapplicability of Section 56(2)(viib) which are: Government and Government related … Continue reading →

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