New Delhi: The Central Board of Direct Taxes (CBDT) on Friday notified for setting up a five-member dedicated cell for addressing the specific problems related to Start-ups.
“In order to redress grievances and address various tax-related issues in the cases of Start-ups, a Start-up Cell has been constituted by CBDT on 30.08.2019,” a government statement said.
The Start-up Cell has been constituted with the following ex-officio members:
“The Cell will work towards redressal of grievances and mitigate tax-related issues in case of Start-up entities with respect to administration of the Income-tax Act, 1961,” the statement said.
Grievances relating to Start-ups may be filed with the O/o Under Secretary, ITA-I, Room No.245A, North Block, New Delhi – 110001 as well as online at firstname.lastname@example.org. The Cell will also be accessible telephonically on 011-23095479 /23093070 (F).
Start-up entities can approach the Cell for speedy resolution of their grievances. This initiative is the latest amongst the recent initiatives taken by CBDT to further ease the compliance issues pertaining to Start-ups.