Central Tax Incentives
Reviewing eligibility for provisions under the Income Tax Act including MAT credit utilisation, R&D deductions under Section 35, and concessional tax rates under Sections 115BAA and 115BAB.
Specialised Tax Services
Business Incentives Review
Practice01/06
Central Tax Incentives.
Note01Refer — Scope
MAT credit utilisation, Section 35 R&D deductions, and Section 115BAA concessional rate.
Index06 Practices
Scope of Our Review
Tax benefits span income tax, GST, customs, and state industrial policies. Our review maps your operations against applicable incentive frameworks.
PLI Scheme Assessment
Evaluating qualification for Production Linked Incentive schemes across 14 notified sectors including electronics, pharmaceuticals, textiles, and auto components.
Location-Based Benefits
Analysing eligibility for SEZ benefits under Section 10AA, IFSC unit incentives, and state industrial policy subsidies for backward area investments.
Startup Tax Benefits
Assessing eligibility for the three-year tax holiday available to DPIIT-recognised startups incorporated before April 2030 under Section 80-IAC.
Export Incentives
Reviewing qualification for export promotion schemes, customs duty concessions, RoDTEP benefits, and Advance Authorisation under foreign trade policy.
State Industrial Incentives
Mapping your investments against state-specific capital subsidies, power tariff rebates, stamp duty exemptions, and employment-linked benefits.
Why Conduct This Review
Incentive frameworks are spread across multiple statutes and jurisdictions. A structured review can surface benefits that may otherwise remain unclaimed.
- Identify applicable benefits across central tax laws and state policies
- Assess whether current claims meet eligibility and documentation requirements
- Understand the financial impact of each potential benefit
- Prepare substantiation that can withstand assessment and scrutiny
- Align incentive claims with compliance obligations under the new tax framework
Our Review Process
Step 1
Incentive Mapping
We map your business activities—sector, location, investments, exports, R&D—against the current landscape of central and state incentives to identify potentially applicable benefits.
Step 1
Incentive Mapping
We map your business activities—sector, location, investments, exports, R&D—against the current landscape of central and state incentives to identify potentially applicable benefits.
Step 2
Eligibility Assessment
Each identified incentive is evaluated against its specific eligibility conditions, including investment thresholds, sectoral requirements, timelines, and documentation standards.
Step 2
Eligibility Assessment
Each identified incentive is evaluated against its specific eligibility conditions, including investment thresholds, sectoral requirements, timelines, and documentation standards.
Step 3
Claim Structuring
We advise on structuring claims correctly—timing of applications, required certifications, procedural compliance, and interaction with the new Income Tax Act, 2025 provisions.
Step 3
Claim Structuring
We advise on structuring claims correctly—timing of applications, required certifications, procedural compliance, and interaction with the new Income Tax Act, 2025 provisions.
Step 4
Filing Support
We assist in compiling supporting documentation and ensure claims are accurately reflected in tax returns, PLI applications, or state incentive submissions.
Step 4
Filing Support
We assist in compiling supporting documentation and ensure claims are accurately reflected in tax returns, PLI applications, or state incentive submissions.