80IAC (Tax Deduction Eligibility Certificate) : 100% Easy & Online Process
To initiate the development of startups in India and provide a competitive platform for businesses which are newly established to thrive amidst the aggressive business atmosphere, the Government of India has introduced Section 80-IAC in the Income Tax Act. Section 80-IAC mentions that an eligible startup shall be allowed a deduction of an amount equal to 100 per cent of the profits and gains.
Once Startup Get Tax Deduction Eligibility Certificate, Startup can avail tax holiday for 3 consecutive financial years out of its first ten years since incorporation. To get 80 IAC (Tax Deduction Eligibility Certificate) Chat with our Startup Specialist.