Details
We provide end-to-end assistance to startups in applying for the 80-IAC tax exemption under the DPIIT-recognized Startup India scheme. Eligible startups can avail 100% income tax exemption on profits for any 3 consecutive years out of their first 10 ...
Benefits
100% Tax-Free Profits
Eligible startups can claim full exemption on income tax for three years.
Improved Cash Flow
Reduced tax liability enhances liquidity and working capital availability.
Higher Valuation Potential
Exempted tax burdens make startups more attractive to investors.
Encouragement for Scalability
Retained profits can be reinvested in growth and innovation.
No MAT (Minimum Alternate Tax) During Exemption Period
MAT is not applicable for startups under 80-IAC exemption.
Startup India Endorsement
Reinforces trust among clients, vendors, and stakeholders.
Eligible Across All Sectors
Available to startups across diverse domains, not limited to tech.
Boosts Fundraising Confidence
Demonstrates government validation, aiding investor discussions.
Supports Early-Stage Profitability
Helps founders retain earnings in early years of business.
Strategic Tax Planning
Enables better long-term tax planning with early savings.
Documents required
DPIIT Recognition Certificate
Proof that your startup is officially recognized by DPIIT under the Startup India initiative—a mandatory prerequisite for 80-IAC application.
Certificate of Incorporation
Document issued by the Ministry of Corporate Affairs (MCA) confirming the legal registration of your company (Private Ltd/LLP/Partnership).
PAN Card of the Startup
Permanent Account Number issued in the name of the entity for identity and tax verification.
Audited Financial Statements
Profit & Loss statement, Balance Sheet, and Auditor's Report for the last 3 financial years (if available), used to assess business performance.
Income Tax Returns (ITR)
Filed returns for previous financial years to confirm profitability and tax compliance status.
Business Plan or Pitch Deck
A detailed presentation or document outlining your business model, market potential, scalability, and innovation.
Innovation & Uniqueness Note
A brief write-up explaining how your startup’s product, service, or process is innovative, scalable, or impactful.
Product/Service Details
Description of your offerings highlighting features, benefits, user base, and how they differ from existing solutions.
Founders’ Details and Shareholding Pattern
Names, designations, and equity held by founders/directors/partners—needed to verify control and eligibility.
Awards, Recognitions, or Funding Proof (If Any)
Documents supporting credibility—such as grant letters, incubator certificates, or investor term sheets.
Timeline
Frequently asked questions
What is Section 80-IAC exemption?
It offers 100% income tax exemption on profits for 3 consecutive years for eligible DPIIT-recognized startups.
Is DPIIT recognition mandatory for 80-IAC?
Yes, you must first be recognized as a startup by DPIIT to apply under 80-IAC.
Can I choose any 3 years for the exemption?
Yes, the exemption can be claimed for any 3 consecutive years out of the first 10 years since incorporation.
Is there a deadline to apply?
You must apply within 10 years from the date of incorporation.
Who approves the application?
The Inter-Ministerial Board (IMB), set up by DPIIT, evaluates and approves the application.
What happens if my application is rejected?
You will receive reasons from the IMB and can reapply after addressing the gaps.
Assistance in Application of 80IAC Tax Exemption
₹50,000 onwards
Get expert support to apply for Section 80-IAC tax exemption under the Startup India scheme, allowing eligible startups to claim 100% income tax exemption for 3 consecutive years.
*Milestone payment can be generated for PAY LATER Services.
Delivery time
15 days