What are the Types of Tax Benefits that are available for Start-ups in Electronic City if you register for start-up registration?
Eligibility Start-ups can register to make use of 2 benefits under income Tax U/s 80IAC: - According to the Start-up company registration in electronic city Exempted tax on 100% gain and profit from business for 3 successive financial year. U/s 56(2) (viib) (Angel Tax): - Exempted tax on investment in shareholder capital if there is any excess share premium value on the top of the fair market...
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