Section 80-IAC Startup Tax Holiday: Eligibility and Process
S
Statura Team
Section 80-IAC offers eligible startups a 100% tax deduction on profits for any 3 consecutive years out of their first 10 โ a major cash-flow benefit.
Eligibility
- DPIIT-recognised startup
- Incorporated as a Private Limited or LLP
- Within the eligibility window from incorporation
- Turnover within the prescribed limit
- Genuinely innovative / scalable business
The two-step reality
DPIIT recognition alone does not grant the tax holiday. You must file a separate application to the Inter-Ministerial Board (IMB), which reviews innovation and scalability.
Improving approval odds
A strong pitch, clear IP/innovation, and solid financial projections materially improve IMB approval.
#80-IAC
#startup india
#tax holiday
#DPIIT