https://www.taxtmi.com/news?id=21900 CBDT clarifies that entitlement to the start-up deduction under Section 80-IAC is determined by the Act's conditions-incorporation date, statutory turnover ceiling in the year of deduction, and a certificate from the Inter Ministerial Board of Certification-and that DPIIT recognition alone does not make a start-up eligible; the DPIIT notification itself references compliance with Section 80-IAC, so it does not alter the statutory turnover threshold. en-us Thu, 22 Aug 2019 18:23:52 +0530 Thu, 22 Aug 2019 18:23:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21900 CBDT clarifies that entitlement to the start-up deduction under Section 80-IAC is determined by the Act's conditions-incorporation date, statutory turnover ceiling in the year of deduction, and a certificate from the Inter Ministerial Board of Certification-and that DPIIT recognition alone does not make a start-up eligible; the DPIIT notification itself references compliance with Section 80-IAC, so it does not alter the statutory turnover threshold. News - Thu, 22 Aug 2019 18:23:52 +0530 https://www.taxtmi.com/news?id=21900