Extension of date of incorporation for eligible start-up for exemption

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Full Text of the Document

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.... hundred percent of the profits and gains derived from an eligible business by an eligible start-up for three consecutive assessment years out of ten years, beginning from the year of incorporation, at the option of the assessees subject to the condition that, (i) the total turnover of its business does not exceed one hundred crore rupees, (ii) it is holding a certificate of eligible business ....