https://www.taxtmi.com/acts?id=21404 A qualifying company or LLP engaged in an eligible business may elect to claim a full deduction of profits from that business for three consecutive assessment years within the prescribed post incorporation window, subject to turnover limits, certification by the Inter Ministerial Board, exclusions for reorganisations or transfer of previously used machinery (with limited exceptions), and procedural provisions of section 80 IA as applied to start ups. en-us Thu, 12 May 2016 11:44:02 +0530 Thu, 28 Aug 2025 12:50:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21404 A qualifying company or LLP engaged in an eligible business may elect to claim a full deduction of profits from that business for three consecutive assessment years within the prescribed post incorporation window, subject to turnover limits, certification by the Inter Ministerial Board, exclusions for reorganisations or transfer of previously used machinery (with limited exceptions), and procedural provisions of section 80 IA as applied to start ups. Act-Rules Income Tax Thu, 12 May 2016 11:44:02 +0530 https://www.taxtmi.com/acts?id=21404