Get 3 Years of 100% Income Tax Exemption for Your Start-up
What is Section 80-IAC Exemption?
Section 80-IAC of the Income Tax Act, 1961 allows eligible start-ups (recognized by DPIIT) to claim a 100% tax holiday for 3 consecutive financial years out of the first 10 years since incorporation.
This exemption helps start-ups preserve working capital, attract investors, and reinvest profits for faster growth.
Eligibility Criteria
- Must be a Private Limited Company or LLP (Partnerships not eligible)
- Recognized as a Start-up by DPIIT
- Incorporated between April 1, 2016, and March 31, 2025
- Annual turnover = ?100 Cr in any financial year
- Engaged in innovation, product improvement, or scalable business
- The entity should not be formed by splitting up an existing business
Key Benefits of 80-IAC Tax Exemption
- 100% Income Tax Exemption - On profits for 3 years (any 3 out of first 10 years)
- Boost Cash Flow - Reinvest savings into growth & R&D
- Investor Friendly - Tax holiday increases attractiveness for funding
- Ease of Business - Simplified compliance for start-ups
- Government Recognition - Enhances brand credibility & trust
Documents Required
- DPIIT Recognition Certificate
- Certificate of Incorporation
- PAN of Company / LLP
- Board Resolution for exemption application
- Annual Accounts & ITR copies (if applicable)
- Brief note on business innovation / scalability
Our Package Includes:
- Eligibility check for 80-IAC exemption
- Drafting of application with required documents
- Preparation of Business Write-up justifying innovation criteria
- Filing of application with Inter-Ministerial Board (IMB)
- Assistance during clarifications / queries from IMB
- Final Tax Exemption Certificate from CBDT
Why Choose FinnovateAI?
- Expert CA team with proven track record in Start-up India filings
- Customized drafting to meet IMB approval standards
- End-to-end online process - No physical visits required
- Affordable & transparent pricing
- Dedicated support until approval