Driving Innovation in Construction: Debrique Secures Tax Exemption and Strategic Growth

Modulus Housing, a startup founded by IIT Madras alumni in 2018, specializes in prefabricated,ready-to-assemble structures. To sustain its rapid growth and innovative solutions, Modulus Housing sought income tax exemption under Section 80IAC of the Income Tax Act.

Solution

Agrim Advisors provided expert guidance to Modulus Housing, ensuring eligibility and successfully obtaining the tax exemption.

Impact

Tax Exemption: Granted under Section 80IAC, allowing a three-year tax holiday.

Financial Benefits: Improved cash flow, enabling reinvestment in R&D and expansion.

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Agrim Advisors' support was crucial in securing the tax benefits, bolstering Modulus Housing’s financial health and enabling continued growth and innovation in sustainable infrastructure solutions.