80-IAC Tax Exemption for Startups
80-IAC Tax Exemption for Startups
Save More. Invest in Growth.
Apply for 80-IAC tax exemption and enjoy 100% income tax exemption on profits for eligible startups under Section 80-IAC of the Income Tax Act.
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WHY 80-IAC TAX EXEMPTION IS IMPORTANT FOR STARTUPS?
100% Tax Exemption
Enjoy 100% exemption on profits for 3 consecutive assessment years out of 10 years.
Boost Cash Flow
Retain more profits and reinvest them into your business for faster growth and expansion.
Encourage Innovation
government initiative to promte startups and boost the economy.
Legal Compliance
Operate your business with full tax compliance and enjoy statutory benefits.
Enhances Valuation
Increase credibility and attract investors with tax-exempt status.
OUR 80-iac registration process
Consultation
we understand your startup and assess 80-iac eligibility.
Document Collection
Collect and verify all required documents and information.
Application Filling
we prepare and file form 10-1a with the income tax department.
Verification
the department verifies your application and documents.
Approval & Certificate
Upon approval, you receive you the 80-iac exemption certificate.
documents required
- Certificate Of Incorporation
- PAN Card Of The Company
- MOA & AOA /Partnership
- Income Tax Returns
- Audit Financial Statement
- Business & Project Report
- Other Documents
eligibility criteria
- Private Limited Company
- Incorporated After 1st april
- Annual Turnover Not Exceeding
- Working Towards Innovation, Development, or Improvement of Products/ Services.
- not formed by splitting or reconstruction
