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Tax Benefit

Tax Exemption Benefits

Income tax, GST & compliance exemptions for eligible businesses

3 Yrs

Tax Holiday

15–25 days

Timeline

Overview

Section 80-IAC of Income Tax Act provides eligible startups with income tax exemption for 3 consecutive years out of 10 years from incorporation.

Eligibility Criteria

DPIIT recognized startup
Incorporated as Private Limited Company or LLP
Incorporated after April 1, 2016
Annual turnover not exceeding ₹100 crore
Should be engaged in innovation/improvement

Key Benefits

100% tax exemption for 3 consecutive years

Can choose any 3 years within 10 years from incorporation

Exemption from Angel Tax

Reduced compliance burden

More capital for business reinvestment

Required Documents

1
DPIIT Recognition Certificate
2
Form 80-IAC application
3
Audited financial statements
4
Details of innovation/technology
5
CA certificate for turnover
6
Board resolution

Application Process

1

Step 1

Ensure DPIIT recognition is active

2

Step 2

Apply for 80-IAC certification

3

Step 3

Inter-Ministerial Board evaluation

4

Step 4

Certificate issuance on approval

5

Step 5

Claim exemption while filing ITR

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Ready to Apply for Tax Exemption Benefits?

Our experts handle the entire application process — from eligibility assessment to documentation to final approval. Get started with a free consultation.

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