Certificate of eligibility for startups required to access tax benefits under the Income Tax Act; Inter Ministerial Board constituted. A certificate of eligibility is required for entities designated as startup under the Startup India initiative to claim specified tax benefits under the Income Tax Act. An Inter-Ministerial Board, composed of senior officials from the Department of Industrial Policy & Promotion, the Department of Biotechnology, and the Department of Science & Technology, is constituted to assess and issue that certificate of eligibility.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Certificate of eligibility for startups required to access tax benefits under the Income Tax Act; Inter Ministerial Board constituted.
A certificate of eligibility is required for entities designated as startup under the Startup India initiative to claim specified tax benefits under the Income Tax Act. An Inter-Ministerial Board, composed of senior officials from the Department of Industrial Policy & Promotion, the Department of Biotechnology, and the Department of Science & Technology, is constituted to assess and issue that certificate of eligibility.
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