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Incubator Equity Stake Tax Calculator

Calculate the tax implications when your incubator takes equity in a startup — at entry (angel tax, FMV) and exit (LTCG / STCG on shares).

Investment & exit details
24+ months → LTCG at 20% | Below 24 months → STCG at slab rate
Startup is DPIIT-recognised?
Affects angel tax exemption under Section 56(2)(viib)
Angel tax (Section 56(2)(viib)) — on startup at issuance

✓ Exempt — DPIIT-recognised startup with paid-up capital ≤ ₹25 Cr. No angel tax regardless of share premium.

Capital gain / loss
₹75.00 L
20% LTCG (unlisted, held > 24 months)
₹15,60,000
Net after-tax proceeds
₹64,40,000
Post-tax ROI on cost
1188.0×

LTCG on unlisted shares: 20% with indexation (Section 112). STCG: applicable slab rate. Section 50CA: FMV is deemed full value if actual sale price is lower. Angel tax: Section 56(2)(viib). DPIIT exemption: paid-up capital + securities premium ≤ ₹25 Cr. Surcharge not included. Consult a CA before transactions.

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Frequently asked questions

Does an incubator taking equity in a startup trigger angel tax?

Angel tax (Section 56(2)(viib)) applies when a closely-held company issues shares at a premium above FMV. The tax is on the startup (issuer), not the investor. DPIIT-recognised startups with total paid-up capital and securities premium not exceeding ₹25 crore are exempt from angel tax — provided the investor is not a Venture Capital Company/Fund or SEBI-registered entity.

How is FMV determined when an incubator receives shares in a startup?

For unlisted shares, FMV is computed under Rule 11UA of the Income Tax Rules using either the Discounted Cash Flow (DCF) method or the Net Asset Value (NAV) method, as opted by the startup. The startup must get a merchant banker valuation certificate to support the FMV claimed. Incubators receiving shares as consideration for services should also get a valuation to avoid any FMV discrepancy.

What is the holding period for LTCG on startup equity?

For unlisted company shares, the holding period for Long-Term Capital Gains (LTCG) is 24 months (2 years). Shares held for more than 24 months are taxed at 20% with indexation. Shares held for 24 months or less are Short-Term Capital Gains (STCG) taxed at the investor's applicable income tax slab rate.

Are there any special LTCG exemptions for investments in startups?

Section 54GB allows exemption from LTCG on sale of residential property if the gain is reinvested in equity of a DPIIT-recognised eligible startup. Additionally, Section 10(38) exemption (pre-2018) has been replaced — listed shares now attract 10% LTCG above ₹1 lakh. For unlisted startup shares (held by individuals/HUFs), Section 54F allows reinvestment exemption in residential property.

What is Section 50CA and how does it affect startup share sales?

Section 50CA provides that if an unlisted company's shares are transferred for a consideration less than their FMV (computed per Rule 11UA), the FMV is deemed to be the full consideration for capital gains computation. This prevents tax avoidance in below-FMV transactions. Both buyer and seller should maintain Rule 11UA valuation reports in startup equity transactions.

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