Startup Tax Exemption Consultant in Aligarh, Uttar Pradesh

Are you a startup in Aligarh, Uttar Pradesh looking for expert guidance to obtain Startup India Recognition and 80IAC Tax Exemption? At FinTax Corporate Professionals LLP, we specialise in helping early-stage and growth-stage ventures secure DPIIT recognition, complete documentation, and file for Startup Tax Exemption with 100% accuracy. Our expert CA, CS, and legal team provides end-to-end support so startups in Aligarh can enjoy tax benefits, gain credibility, and focus on business growth without compliance hurdles.

What is 80IAC Tax Exemption?

Section 80IAC of the Income Tax Act grants 100% tax exemption for 3 consecutive financial years to eligible startups.
This benefit is provided only after DPIIT recognition and approval by the Inter-Ministerial Board (IMB).

Key Benefits of 80IAC:

• Zero normal income tax for 3 years (MAT Applicable)

• Boosts early-stage cash flow

• Encourages innovation and reinvestment

• Makes your startup more attractive to investors

• Reduces operational financial burden

Startups in Aligarh, Uttar Pradesh must prepare the following documents:

To apply for 80-IAC exemption, the following documents are required for Startups of Aligarh, Uttar Pradesh :

1. Shareholding Details: Shareholding pattern as per the Memorandum of Association and the latest updated shareholding structure.

2. Board Resolution: Copies of any resolutions passed concerning the application or eligibility.

3. Income Tax Returns: Acknowledgement receipts for the past three years (or as applicable).

4. Audited Financial Statements: Balance Sheet & Profit and Loss Statement for the past three years (or as applicable), along with specific details of revenue generated and profit/loss during those years.

5. Chartered Accountant (CA) Certification:

   A) Declaration for Formation of Startup (Annexure 1)- Authorisation letter explicitly stating that the startup is not formed by splitting up or reconstruction of an already existing business, except where applicable under Section 33B of the Income Tax Act; The startup is not formed by the transfer of machinery or plant previously used for any purpose.

   B) Declaration of Scalability (Annexure 2)- If there is a >10% growth in revenue from one year to the next in the latest year OR 25% growth over the latest 2 years OR over 33% growth over the latest 3 years

6. Proof of Credit Rating: If a credit rating has been obtained from an accredited agency, supporting documents should be provided.

7. Intellectual Property Rights (IPR): Proof of IPR filings, including:

   a) Patent/Copyright/Industrial Design filings.

   b) Official journal publications of patents/copyrights/designs.

   c) Granted patents/copyrights/designs, if applicable.

8. Awards and Recognitions: Proof of awards at different levels:

    a) District-level awards by government or corporate entities.

    b) State-level awards by government authorities.

    c) National-level awards by government bodies or recognised international agencies, if applicable.

9. Pitch Deck/Videos: Any relevant presentations or video materials showcasing the business, product, or service.

10. HR Declaration & Employment Records:

   a) Declaration Regarding Employees Pursuing/ Holding M.Tech/PhD Degrees and Research Papers/Publications (Annexure 3)

    b) Total direct employment details (Annexure 4)? Employment of Females, Persons with Disabilities, Persons from SC/ST Categories (Annexure 4)

   c) Employees Based in Non-Metro Cities (Annexure 4)

11. Proof of Investment Received (Annexure 5):

     a) Declaration Regarding Funding Obtained and Investor Details

     b) Term sheets, investment agreements, or bank statements showing external funding amounts; Investor certificates, funding agreements, or tax returns/GST filings substantiating revenue figures.

Who Should Apply for 80IAC in Aligarh?

Startups that are:

• Tech-driven, innovative or IP-driven

• Building a unique product or service

• Less than 10 years old

• Registered under MCA

• Seeking tax savings & investor attraction

We follow a streamlined process to maximize approval chances:

1. Eligibility Check

Assessment of your business model, incorporation status & tax exemption eligibility.

2. Preparation of DPIIT Application

We create all required documents and submit your DPIIT Recognition request.

3. DPIIT Recognition Approval

Once approved, you become eligible to apply for 80IAC.

4. 80IAC Tax Exemption File Preparation

We prepare a strong, evidence-based application with supporting documents.

5. IMB Evaluation

We assist in preparing for queries, clarifications and follow-ups.

6. Final Approval

Once approved, you enjoy 3 years of tax exemption.

Under the Startup India initiative, eligible startups can apply for 100% income tax exemption for three consecutive years under Section 80IAC.
To avail this benefit, startups must:

• Get DPIIT Recognition

• Be incorporated as a Pvt Ltd, LLP or Partnership Firm

• Be less than 10 years old

• Have annual turnover less than ?100 crore

• Have an innovative business model

Getting the exemption requires a well-prepared application and strong documentation, which is where expert consultants like us help.

We offer specialized consulting for Startup India recognition and tax exemption to ensure your application is approved without delays.

Our Advantages:

• ? Experienced team of CA, CS & legal experts

• ? 100% documentation assistance

• ? Strong drafting of business model & innovation note

• ? Fast turnaround time

• ? Pan-India service from Aligarh to all major startup hubs

• ? Dedicated consultant until approval

• ? Affordable pricing for early-stage startups

We ensure your file meets all evaluation criteria set by DPIIT and the Inter-Ministerial Board (IMB).

FAQs – Startup Tax Exemption in Aligarh, Uttar Pradesh

Q1. Can any startup in Aligarh apply for 80IAC exemption?

Yes, any eligible entity in Aligarh can apply, provided it has DPIIT Recognition and meets 80IAC criteria.

Q2. How long does the process take?

DPIIT approval usually takes 10–20 days, and 80IAC exemption may take 30–90 days.

Q3. Is physical presence required?

No. The entire process is online. We support startups in Aligarh remotely.

Q4. What are your charges?

We provide city-wise affordable packages. Contact us for a customized quote.

Q5. Do you guarantee approval?

We ensure the file meets all IMB standards and significantly increase approval chances.

Get Expert Startup Tax Exemption Assistance in Aligarh, Uttar Pradesh

If you’re a startup based in Aligarh, Uttar Pradesh, we help you obtain:

• DPIIT Startup Recognition

• Startup India Certificate

• 80IAC Tax Exemption

• Complete documentation & compliance

???? Contact us today for a free consultation +91-7210000745 / 46

Fintaxx – Your Trusted Startup Consultant in India.