Eligibility Start-ups can register to
make use of 2 benefits under income Tax
U/s 80IAC: - According to the Start-up company registration in electronic cityExempted tax on 100% gain and profit from
business for 3 successive financial year.
U/s 56(2) (viib) (Angel Tax): -
Exempted tax on investment in shareholder capital if there is any excess share
premium value on the top of the fair market value.
Who can Apply for
Tax Benefit?
a Start-up company must be authorized
or recognized by DPIIT (previously known...
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