Sec. 80-IAC benefit available only to DPIIT’s recognized start-up having turnover up to 25 crores: C

The Central Board of Direct Taxes (CBDT) has clarified that all the start-ups recognised by DPIIT which fulfilled the conditions specified in the DPIIT notification didn’t automatically become eligible for deduction under Section 80-IAC. The turnover limit for start-ups claiming deduction is to be determined by the provisions of Section 80-IAC of the Act and not from the DPIIT notification.

from taxmann.com News https://www.taxmann.com/topstories/222330000000019303/sec-80-iac-benefit-available-only-to-dpiit’s-recognized-start-up-having-turnover-up-to-25-crores-cbdt.aspx