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Latest update to Rule 11UA regarding angel tax a.k.a Section 56(2)(viib) does not resolve the core issue of disputes for Indian startups

United arab emiratesAnupam mittalSrinivas varadarajanSiddarth paiNa shah mathiasNikunj bubnaKanwal rekhiDiana mathiasMayank singhNitesh mehtaPushpinder singhRegulatory servicesIncome tax departmentCompany act income taxInvestment fundHt digital media holdings