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CBDT simplifies assessment process for recognized start-ups

August 12, 2019
407 Views
The CBDT has clarified that in case of start-ups recognised by DPIIT, issue regarding applicability of section 56(2)(viib) will not be pursued by the authorities and Notification no. 127 (E) dated 19.02.2019 will be applicable in respect of those start-ups only.
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