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Startup India (DPIIT) Registration
DPIIT recognition that unlocks tax, IP and funding benefits.
Startup Services
Section 80-IAC Tax Exemption for Startups
Claim the 80-IAC tax exemption – a 100% deduction on profits for any 3 consecutive years out of your first 10 – with your Inter-Ministerial Board application prepared and filed by us.
- Filing in 7–10 days; approval as per IMB
- IMB application drafted
- Financial projections support
- Query & presentation support
What is the Section 80-IAC tax exemption?
Section 80-IAC of the Income-tax Act allows eligible startups to deduct 100% of their profits for any three consecutive assessment years out of the first ten years from incorporation. To claim it, a DPIIT-recognised startup must obtain a certificate of eligibility from the Inter-Ministerial Board (IMB).
Eligibility
- The startup is recognised by DPIIT under Startup India.
- It is a Private Limited Company or LLP (partnership firms are not eligible for 80-IAC).
- It was incorporated on or after 1 April 2016 and within the window notified by the government (currently extended to companies incorporated before 1 April 2030).
- Turnover does not exceed ₹100 crore in the year for which the deduction is claimed.
- It is engaged in innovation, development or improvement of products, processes or services, or a scalable business model with high potential for employment or wealth creation.
Why professional preparation matters
The IMB looks closely at how innovative your product is, the market potential and your traction. A generic application is often rejected or deferred. We prepare a strong application covering:
- the problem and your solution, and what makes it new or better than existing options;
- revenue model, scalability and job creation;
- financials, funding and milestones; and
- IP, awards and partnerships that support your claim.
When should you apply?
Apply as early as possible after DPIIT recognition. You can choose any three consecutive profitable years within the first ten years, so having the certificate in hand lets you plan your tax position with confidence.
Documents required for 80-IAC Tax Exemption
After you purchase, log in to My Account → My Services and upload each document below. Scanned copies or clear phone photos (PDF, JPG or PNG) are fine. Your files are stored privately and seen only by your assigned expert.
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DPIIT recognition certificate Your Startup India certificate of recognition Required
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Certificate of Incorporation Of the Private Limited Company or LLP Required
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MOA & AOA / LLP agreement Constitution document Required
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Financial statements Audited accounts / ITRs for the last 3 years, or since incorporation Required
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Pitch deck or business plan Describing the innovation, business model and traction Required
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Board resolution Authorising the application (we share a format) Required
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Patent, trademark, awards or funding letters Any proof of innovation or traction If applicable
80-IAC Tax Exemption process with Nevo Legal
Eligibility review
We check incorporation date, structure and turnover.
Document compilation
Financials, pitch deck and supporting evidence are organised.
Application drafting
A detailed write-up on innovation, scalability and impact.
Filing with IMB
Form submitted on the Startup India portal.
Clarifications
We answer IMB queries until the decision is issued.
What you get
- Filed 80-IAC application with acknowledgement
- Drafted innovation and business write-up
- Responses to IMB clarifications
- IMB certificate (on approval)
80-IAC Tax Exemption – frequently asked questions
Can an LLP claim the 80-IAC exemption?
Yes. Both Private Limited Companies and LLPs recognised by DPIIT can apply. Registered partnership firms are not eligible.
Do I have to choose the 3 years upfront?
No. You can claim the deduction for any three consecutive years out of the first ten years from incorporation, when you are profitable.
Does 80-IAC exempt MAT as well?
No. Companies claiming 80-IAC may still be liable for Minimum Alternate Tax unless they opt for the new tax regime under which MAT does not apply. We help you evaluate this with your CA.
What if the IMB rejects the application?
You can reapply with a stronger case. We review the reasons for rejection and strengthen the application before refiling.
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Not sure which service you need?
Speak to a Nevo Legal expert. We will understand your requirement and recommend the right legal route – no obligation.