DPIIT Recognition and the Exemptions It Unlocks — One recognition. Two exemptions.
DPIIT recognition handled together with the tax exemptions that depend on it — the share premium relief and the profit-linked deduction — so the sequence is completed rather than started.
Book Free ConsultationRecognition by the Department for Promotion of Industry and Internal Trade is the gate. On its own it confers standing and access to certain facilitation, but the exemptions founders are usually after are separate applications that recognition merely makes possible.
N D Savla & Associates treats these as one workstream for startups in Nashik and across Maharashtra: recognition first, then the exemption applications, then the conditions that attach to both.
Founders frequently stop after recognition, assuming the tax benefit follows automatically. It does not, and the window for the exemptions is finite, so the second and third steps are worth completing while the company is still eligible.
Our DPIIT Tax Exemption Services
Recognition Application
Preparation and filing of the DPIIT recognition application with supporting material.
Innovation Case Drafting
Drafting the innovation or scalability case as evidence rather than marketing.
Share Premium Exemption
The declaration and conditions for the relief on share premium.
Profit Deduction Application
Application for approval of the profit-linked deduction for eligible startups.
Condition Monitoring
Monitoring the continuing conditions attaching to recognition and exemptions.
Recognition Maintenance
Updating particulars and maintaining the recognition record.
Self-Certification Guidance
Guidance on the self-certification facilitation available to recognised entities.
Query Response
Responses to queries raised during processing of any of the applications.
Our Process
Eligibility Mapping
Eligibility for recognition and for each exemption is mapped separately.
Recognition
The recognition application is prepared, filed and pursued to certificate.
Exemption Applications
The applicable exemption applications are prepared and filed in sequence.
Condition Setup
Continuing conditions are documented and assigned to an owner.
Monitoring
Eligibility and conditions are reviewed as turnover and age change.
Why It Matters
Frequently Asked Questions
Recognised but never claimed the exemptions?
The window is finite — send us your recognition certificate and we'll complete the sequence.
