STPI registration difficulty

darshan (salaried) (25 Points)

19 April 2010  

Hi,

We are in a process of setting up an STPI unit. STPI are asking for Income Tax returns of Directors. Our problem is Directors are not the stake holders and some are in advisory role and hence they do not want to give their personal return. Has anyone come across such problem? if yes is there a case wherein we are exempted from furnishing the returns?

Awaiting for response.

Thanks

darshan