{"id":57205,"date":"2025-10-15T17:26:40","date_gmt":"2025-10-15T11:56:40","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=57205"},"modified":"2025-10-15T17:26:40","modified_gmt":"2025-10-15T11:56:40","slug":"section-80iac-of-the-income-tax-act-dealing-with-grant-of-recognition-for-eligible-business","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/section-80iac-of-the-income-tax-act-dealing-with-grant-of-recognition-for-eligible-business\/","title":{"rendered":"Section 80IAC of the Income Tax Act dealing with grant of recognition for eligible business"},"content":{"rendered":"<p>the assessee had applied for recognition as eligible business in December 2024 but is yet to obtain the recognition. IS there a possibility for the assessee to file a return and claim exemption under the section notwithstanding the fact that the recognition is yet to be obtained<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[1275],"qa_category":[23],"qa_tag":[1385],"class_list":["post-57205","qa","type-qa","status-publish","hentry","qa_expert-law-intern","qa_category-income-tax","qa_tag-section-80-iac"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/57205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=57205"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=57205"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=57205"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=57205"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=57205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}