Extension of timeline for tax benefits to start-ups

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....025 IX. Extension of timeline for tax benefits to start-ups The existing provisions of Section 80-IAC of the Act, inter alia, provide for a deduction of an amount equal to hundred percent of the pr....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....l Board of Certification, and (III) it is incorporated on or after the 1st day of April, 2016 but before the 1st day of April, 2025. 2. It is proposed to amend the above section so as to extend the....