Startup India: Tax Exemption under Section 56 of the Income Tax Act (Angel Tax) Post getting recognition a Startup may apply for Angel Tax Exemption. Eligibility Criteria for Tax Exemption under Section 56 of the Income Tax Act: The entity should be a DPIIT recognized Startup Aggregate amount of paid up share capital and share premium of the Startup after the proposed issue of share, if any, does not exceed INR 25 Crore. Advice for Contact : VidyaSunil & Associates Web : www.vidyasunilassociates.com #vidyasunilassociates#startupindia #seedfunding #microsoftstartups #vidyasunil #GoogleForStartups #10000startups #100startups #startupindia #vidyasunil #tax #TaxExemption #venturecapital #startups #Nasscom #softwaredeveloper https://www.instagram.com/p/CS_PmEAjEUy/?utm_medium=tumblr












