JURIFINTAXX SERVICES PRIVATE LIMITED

Startup India Tax Exemption (Section 80-IAC of the Income Tax Act)

The Startup India Tax Exemption under Section 80-IAC of the Income Tax Act is a powerful benefit available to DPIIT-recognized startups. It allows eligible startups to claim a 100% tax exemption on profits for any 3 consecutive years out of the first 10 years since incorporation. At JURIFINTAXX Services Private Limited, we provide expert assistance in applying for and securing this tax exemption from the Inter-Ministerial Board (IMB) with complete documentation and professional guidance.

What is Section 80-IAC Exemption?

Section 80-IAC was introduced to promote innovation and entrepreneurship by reducing the initial financial burden on startups. Eligible startups can enjoy a tax holiday for 3 years, helping them reinvest profits into growth and operations.

Why Choose JURIFINTAXX ?

Expert guidance from professionals with years of experience
Fast and accurate name approval process
End-to-end support — from name selection to incorporation
Quick response to MCA objections and queries

Eligibility Criteria

  • The startup must be DPIIT-recognized under the Startup India initiative.

  • It must be incorporated as a Private Limited Company or LLP after April 1, 2016.

  • Annual turnover should not exceed ₹100 crore in any financial year.

  • The business must be engaged in innovation, improvement, or scalable development of products/services.

Documents Required

  • Certificate of Incorporation

  • DPIIT Recognition Certificate

  • Financial statements and income details

  • Business plan and innovation summary

  • Declaration and supporting forms as required by IMB

Our Professional Services

  • Eligibility evaluation for Section 80-IAC exemption.

  • Preparation and filing of the Tax Exemption Application to DPIIT/IMB.

  • Drafting of supporting documents and financial reports.

  • Regular follow-ups until approval and issuance of exemption certificate.

  • Guidance on claiming the exemption in income tax returns.