After getting a DPIIT Certificate (Startup Recognition Certificate), a Startup is eligible to apply for Tax exemption under section 80 IAC of the Income Tax Act. Post getting clearance for Tax exemption, the Startup can avail tax holiday for 3 consecutive financial years out of its first 10 years since incorporation.
Eligibility Criteria for applying to Income Tax exemption (80IAC):
If You are running a Pvt Ltd or LLP but does not have DPIIT Startup Certificate, then
Step 1: Apply DPIIT Startup Certificate.
How to Apply Startup recognition ?
Step 2: Apply For Tax Exemption.
Form 80IAC: Video Guidelines
Ensure that you provide all the following details in your Video link:
Note: Please upload the video is uploaded on a third-party video hosting platform such as Youtube or Vimeo. In case you are uploading the video on Google Drive please make sure that it is NOT access restricted.