Monday, August 26, 2019

CBDT issues clarification on eligibility of small Start-Ups to avail Tax Holiday

The Central Board of Direct Taxes (CBDT) has clarified today that small start-ups with turnover upto Rs. 25 crores will continue to get the promised tax holiday as specified in Section 80-IAC of the Income Tax Act, 1961, which provides deduction for 100 per cent of income of an eligible start-up for 3 years out […]

The post CBDT issues clarification on eligibility of small Start-Ups to avail Tax Holiday appeared first on Taxscan | Simplifying Tax Laws.



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