Angel Investment Tax on Start-ups

Anuj Somani , Last updated: 17 November 2016  
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Angel Investment Tax on Start-ups Section 56(2)(viib) of the Income Tax Act levies tax on investments done by any resident person above fair market value(FMV) in any company, as excess amount above FMV is considered as income of the Investee company (Start-up Company). However, in June 2016, t

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Anuj Somani
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