Answer

Startup fundraising · Startup Tax Benefits

Section 140 (old 80-IAC): 3-Year Tax Holiday

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  1. Facts

    100% profit deduction for any 3 consecutive years within first 10 years. Only Pvt Ltd and LLP qualify.

  2. Provisions and law

    • Section 80

  3. Analysis

    Step 1: DPIIT recognition. Step 2: Apply to IMB (Inter-Ministerial Board) separately on Startup India portal, this is the step 90% of founders miss. IMB certificate takes 3-6 months. Strategic tip: Don't claim years when you're loss-making. Choose 3 profitable years. Sec 140, Income-tax Act 2025 (old Sec 80-IAC) extended to 2030.

  4. Conclusion

    Talk to a Savvy for the exact next step on your case.

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Startup tax holiday certificate from the Inter-Ministerial Board, Sec 80-IAC (Sec 140, Income-tax Act 2025)

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