What you get
- Tax benefit: 100% tax deduction for 3 consecutive years — Out of the first 10 years since incorporation
Eligibility
- DPIIT-recognised startup incorporated as a Private Limited Company or LLP.
- Incorporated on or after 1 April 2016 (within the window notified by the government).
- Annual turnover within the limit prescribed for the relevant year.
How to apply
- Obtain DPIIT recognition — A prerequisite for 80-IAC.
- Apply to the Inter-Ministerial Board (IMB) — Submit the 80-IAC application with financials and pitch.
- Claim on approval — Choose three consecutive years to claim the deduction.
How CapEasy helps
We assemble the financials and application the IMB expects and help you time the three-year claim.