Single format · FV09-B5

Note and checklist for the IMB application, certificate of eligible business

The deduction under s.140 needs an Inter-Ministerial Board certificate on top of DPIIT recognition. Only a small fraction of recognised startups hold one. The second trap is even more common: a company that has opted for the concessional corporate tax rate cannot claim the deduction at all. Check both before a single rupee of holiday goes into a projection.

Length
2 pages
Blanks to fill
55
Files
Word and PDF
Law stated to
16 September 2026

What it covers

  1. 1Note and checklist for the IMB application, certificate of eligible businesss.140, Income-tax Act 2025 (old s.80-IAC) · G.S.R. 108(E)55 blanks

Read the opening

The first part of the format, as it downloads. Blanks are highlighted.

Note on innovation, wealth creation and employment generation — [Name of company / LLP]

1. Entity particulars. [Name of the company or LLP], [private limited company / LLP], incorporated on [Date of incorporation] (CIN/LLPIN [CIN or LLPIN]). DPIIT recognition no. [DPIIT recognition number] dated [Date of DPIIT recognition]. PAN [Entity's PAN]. Turnover: FY [Turnover year 1: financial year] Rs [Turnover year 1: amount (Rs crore)] crore; FY [Turnover year 2: financial year] Rs [Turnover year 2: amount (Rs crore)] crore; FY [Turnover year 3: financial year] Rs [Turnover year 3: amount (Rs crore)] crore.

2. Business in one paragraph. [What the entity sells, to whom, and how it earns revenue.]

10 more paragraphs and tables follow in the full format.

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