https://www.taxtmi.com/manuals?id=1861 Deduction for an eligible start-up allows 100% of profits derived from an eligible business, claimed while computing total income, for any three consecutive tax years out of ten years from incorporation. Eligibility depends on specified incorporation limits, turnover limits, certification, and compliance with anti-abuse rules against splitting up or reconstructing existing business and using previously used machinery, subject to stated exceptions. The eligible undertaking is treated as an independent source of income, with audit and prescribed reporting requirements, and transfer pricing-style adjustments apply to transactions with other businesses of the assessee. en-us Thu, 06 Jun 2019 17:54:00 +0530 Sat, 04 Jul 2026 13:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1861 Deduction for an eligible start-up allows 100% of profits derived from an eligible business, claimed while computing total income, for any three consecutive tax years out of ten years from incorporation. Eligibility depends on specified incorporation limits, turnover limits, certification, and compliance with anti-abuse rules against splitting up or reconstructing existing business and using previously used machinery, subject to stated exceptions. The eligible undertaking is treated as an independent source of income, with audit and prescribed reporting requirements, and transfer pricing-style adjustments apply to transactions with other businesses of the assessee. Manuals Income Tax Thu, 06 Jun 2019 17:54:00 +0530 https://www.taxtmi.com/manuals?id=1861