Taxation of Start-ups by Taxmann – 7th Edition 2024

Description

This book is a comprehensive guide that simplifies the complexities of start-up taxation in India. It covers key aspects like the tax holiday under Section 80-IAC, Angel Tax exemptions, revised valuation norms, and detailed processes for securing DPIIT recognition and IMB certification. The book provides practical insights through comparative analyses of various start-up entity forms, including LLPs, private limited companies, and one-person companies, along with ready reckoners on compliance requirements linked to turnover milestones.

It is designed to provide clear, actionable guidance and equip tax professionals, legal advisors, entrepreneurs and investors with the tools to understand the tax obligations and maximise benefits effectively.

The Present Publication is the 7th Edition and has been amended by the Finance (No. 2) Act, 2024. This book is authored by Taxmann’s Editorial Board with the following noteworthy features:

• Comprehensive Coverage of Start-up Taxation
  • This book provides an extensive analysis of the taxation aspects of start-ups, particularly focusing on the tax holiday under Section 80-IAC of the Income-tax Act, 1961. It covers the eligibility criteria, benefits, and compliance requirements for availing this tax holiday, making it a crucial resource for start-ups looking to optimise their tax liabilities. The detailed analysis of Angel Tax exemptions, including the revised valuation norms and the implications of their abolition, helps start-ups understand the evolving tax environment
• Detailed Examination of DPIIT Recognition and IMB Certification
  • The book discusses obtaining recognition from the Department for Promotion of Industry and Internal Trade (DPIIT), which is critical for start-ups to access various tax benefits. It outlines the…