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I-T dept searches Lenovo as part of tax evasion probe

The company clocked USD 1.9 billion in revenue in India in the 2022-2023 financial year, with a 17 per cent market share in the country.

Indian tax deptTax evasion

Playbook for handling Angel Tax and Section 68 tax notices

With Angel Tax and Section 68 tax notices becoming a headache for startups and investors, here are extracts of a playbook that attempts to give a better understanding of the issue

Siddarth paiHas the companyTax departmentAngel taxLocal circlesIndian tax deptHandling angel taxIncome tax actWhat is sectionWho paysTax under sectionComputer aided scrutiny selectionTax advisor

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