Section 80-IAC lets an eligible startup pay no income tax on its profits for any three consecutive financial years chosen from its first ten years since incorporation. You pick the three years, so most founders save them for when the business is actually profitable.
This is decided by an Inter-Ministerial Board, not an automated portal, and it is the single hardest Startup India approval to secure. The application lives or dies on how the business case is argued. We have seen firms charge over a lakh for this work. We do not.
This benefit is only available to recognised startups. If you do not hold recognition yet we handle both in sequence, and you pay the verification fee only once. See DPIIT Recognition โ
Yes. 80-IAC is a separate application that only recognised startups can make. If you do not hold recognition yet we handle both, in sequence.
Private limited companies and LLPs. Partnership firms and cooperative societies can hold DPIIT recognition but are not eligible for the 80-IAC deduction.
No, and be cautious of anyone who tells you otherwise. Our fee covers professional work that is performed whether or not the Board approves. We tell you honestly before you pay whether your case is strong.
Also worth claiming
The master key. Every other Startup India benefit depends on it.
StartupTN registration, TANSEED grants and state policy incentives.
SISFS, Fund of Funds and the credit guarantee scheme.
Important. BharathInCorp is an independent professional services firm. We are not an agent, franchise or authorised representative of DPIIT, the Startup India initiative, or any government department. DPIIT does not levy any fee for the Certificate of Recognition or the Certificate of Eligibility. Our charges are professional fees for preparation, verification and advisory work. Approval of any government application rests solely with the concerned authority. No consultant can guarantee an outcome. Full terms.