{"id":7864,"date":"2020-05-04T21:06:23","date_gmt":"2020-05-04T15:36:23","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=7864"},"modified":"2020-05-26T12:25:05","modified_gmt":"2020-05-26T06:55:05","slug":"applicability-of-section-80-ic-of-income-tax-act-on-startups","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/applicability-of-section-80-ic-of-income-tax-act-on-startups\/","title":{"rendered":"Applicability of Section 80-IC of Income Tax Act on Startups"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Startups or newly incorporated businesses in India have enjoyed numerous benefits and incentives extended by the Government in an endeavor to boost entrepreneurship in the country and enable young businesses, including <a href=\"https:\/\/corpbiz.io\/msme-registration\">MSMEs<\/a>, to sustain themselves, especially during their nascent years. The government schemes and initiatives for startups range from entry relaxations to tax deduction benefits, and one such Applicability of Section 80-IC of Income Tax Act on Startups This blog talks about the applicability of Section 80-IC on startups, the scope of the section, and important concepts and conditions applicable to new business relating to the tax deduction under Section 80-IC.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/applicability-of-section-80-ic-of-income-tax-act-on-startups\/#Section_80-IC_of_the_Income_Tax_Act\" >Section 80-IC\nof the Income Tax Act<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/applicability-of-section-80-ic-of-income-tax-act-on-startups\/#Meaning_of_Startup_in_India\" >Meaning of Startup\nin India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/applicability-of-section-80-ic-of-income-tax-act-on-startups\/#Tax_Deductions_Available_Under_Section_80-IC_to_Startups\" >Tax Deductions\nAvailable Under Section 80-IC to Startups<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/applicability-of-section-80-ic-of-income-tax-act-on-startups\/#Eligibility_of_Startups_for_Availing_Tax_Deduction_under_Section_80-IC\" >Eligibility of\nStartups for Availing Tax Deduction under Section 80-IC<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/applicability-of-section-80-ic-of-income-tax-act-on-startups\/#Additional_Conditions_Applicable_to_Claim_Deduction_under_Section_80-IC\" >Additional\nConditions Applicable to Claim Deduction under Section 80-IC<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/corpbiz.io\/learning\/applicability-of-section-80-ic-of-income-tax-act-on-startups\/#Meaning_of_Industrial_Zones_under_Section_80-IC\" >Meaning of\nIndustrial Zones under Section 80-IC<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/corpbiz.io\/learning\/applicability-of-section-80-ic-of-income-tax-act-on-startups\/#Indian_Courts_on_Initial_Assessment_Year_and_Substantial_Expansion\" >Indian Courts\non Initial Assessment Year and Substantial Expansion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/corpbiz.io\/learning\/applicability-of-section-80-ic-of-income-tax-act-on-startups\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Section_80-IC_of_the_Income_Tax_Act\"><\/span><strong>Section 80-IC\nof the Income Tax Act<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Section 80-IC was introduced by the Finance Act, 2003, and added to the <strong>Income Tax Act, 1961<\/strong><sup><a href=\"https:\/\/www.incometaxindia.gov.in\/pages\/acts\/income-tax-act.aspx\"><strong>[1]<\/strong><\/a><\/sup>, under the different Income Tax Deductions available to the taxpayers in India. The provisions of Section 80-IC came into force from Assessment Year 2004-05, with the objective of lifting the economic development and startup growth in certain states in India.<\/p>\n\n\n\n<p>Section 80-IC allows startups registered\nand operating in the states of Himachal Pradesh, Sikkim Uttarakhand, and the North-Eastern\nStates to claim a tax deduction on their total gross income, inclusive of any\nprofits and gains derived from any undertaking or enterprise which fulfills the\napplicability conditions laid down in the section. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Meaning_of_Startup_in_India\"><\/span><strong>Meaning of Startup\nin India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As per the definition and\nlatest changes provided by the Department for Promotion of Industry and\nInternal Trade, a business will be considered as a startup for all purposes and\nintents, if it fulfills the following conditions: <\/p>\n\n\n\n<ul><li>The entity is registered as a <a href=\"https:\/\/corpbiz.io\/company-registration\"><strong>Private Limited Company<\/strong><\/a> under the <strong><em>Companies Act, 2013<\/em><\/strong>, or it is registered as a Partnership Firm under Section 59 of the <strong><em>Partnership Act, 1932<\/em><\/strong>, or as a Limited Liability Partnership under the <strong><em>Limited Liability Partnership Act, 2008<\/em><\/strong>.<\/li><li>The annual turnover of the business for any financial year in 10 years of its incorporation or registration, has not crossed the threshold of INR 100 Crore. <\/li><li>The business is involved in activities that contribute towards innovation, improvement, or development of any products, processes, or services, contribute to employment creation and wealth generation.<\/li><\/ul>\n\n\n\n<p>However, any business which has\nbeen formed by splitting up or reconstructing a business already in existence\nwould not come under the ambit of the term \u2018startup\u2019 in India.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Tax_Deductions_Available_Under_Section_80-IC_to_Startups\"><\/span><strong>Tax Deductions\nAvailable Under Section 80-IC to Startups<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong><em>The following rates of tax deduction are available for startups under Section 80-IC:<\/em><\/strong><\/p>\n\n\n\n<ul><li>For startups registered in Sikkim and North-Eastern States, 100% deduction is available on profits and gains derived from any undertaking or enterprise for a total period of 10 years. The deduction is available from the year in which the business starts manufacturing, begins its operations, or completes its substantial expansion.<\/li><li> For the states of Himachal Pradesh and Uttarakhand, the tax deduction under Section 80-IC has been divided into two categories: <\/li><\/ul>\n\n\n\n<ol><li>For the five years commencing from the year in which the startup begins its manufacturing process, launches its operations, or finishes its substantial expansion, a tax deduction of 100% of its profits and gains is available.<\/li><li>For the next five years, a company registered under the Companies Act can avail a deduction of 30%, and all other kinds of startups (Limited Liability Partnership or Partnership Firm) can avail a tax deduction of 25% on their profits and gains derived from any undertaking or enterprise.<\/li><\/ol>\n\n\n\n<p>The tax deduction available\nunder Section 80-IC, therefore, is only available on any gross income of the\nbusiness, including any profits or gains derived from the business and not any\nother gains or profits \u2018attributed to\u2019 the business. The same has been\nclarified by the High Court in 2018, where the court held that the deduction\nunder Section 80-IC is not available on interest income earned on fixed\ndeposits.<\/p>\n\n\n\n<p>The court held that a startup \u2013\nan undertaking or enterprise is only entitled to avail the benefits of Section\n80-IC if it fulfills the eligibility conditions under the section and derives\nany profits and gains directly from the business it carries. <\/p>\n\n\n\n<p>The court also clarified that\nan interest income, though attributed to the business, is not derived from the\nbusiness and is not the same as a business income. Thus, an interest income\nwould not be considered as an income of the industrial undertaking or\nenterprise for the purposes of Section 80-IC.<\/p>\n\n\n\n<p>Additionally, in 2016, the Supreme Court of India passed a ruling that different kinds of subsidies such as subsidies on transport, power, interest, and insurance would form the part of profit or gain derived from the business and would be eligible for a 100% deduction under Section 80-IC of the Income Tax Act.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Eligibility_of_Startups_for_Availing_Tax_Deduction_under_Section_80-IC\"><\/span><strong>Eligibility of\nStartups for Availing Tax Deduction under Section 80-IC <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong><em>The tax deductions under\nSection 80-IC of the Income Tax Act are available to the following startups:<\/em><\/strong><\/p>\n\n\n\n<ul><li>All\nundertakings or enterprises which manufacture or have begun to manufacture any\narticles or things other than those specified in the Thirteenth Schedule of the\nAct, in industrial zones in India or any area in the applicable States when the\nbusiness is involved in manufacturing of any articles or things mentioned in\nthe Fourteenth Schedule of the Act, or<\/li><li>Any\nundertakings or enterprises which have undertaken substantial expansion in any\nkind of industrial zone or any region in the states if the business\nmanufactures or has begun manufacturing any articles or things mentioned in the\nFourteenth Schedule of the Act.<\/li><\/ul>\n\n\n\n<p>Further, the tax deduction for startups in the states of Sikkim, Himachal Pradesh, Uttarakhand and any North-Eastern states (i.e., Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura) is only applicable if the above-mentioned activities have taken place between the following periods:<\/p>\n\n\n\n<ul><li><strong>In Sikkim<\/strong>: Period beginning on December 23, 2002, and ending on April 1, 2017.<\/li><li><strong>In Himachal Pradesh and Uttarakhand<\/strong>: Period beginning on January 7, 2003, and ending on April 1, 2012.<\/li><li><strong>In the North-Eastern States<\/strong>: Period beginning on December 24, 1997, and ending on April 1, 2017.<\/li><\/ul>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/itr-rectification-a-complete-guide-on-how-to-rectify-itr-online\/\">ITR Rectification \u2013 A Complete Guide on How To Rectify ITR Online\n<\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Additional_Conditions_Applicable_to_Claim_Deduction_under_Section_80-IC\"><\/span><strong>Additional\nConditions Applicable to Claim Deduction under Section 80-IC<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In order to claim the tax deduction available under Section 80-IC of the Indian Income Tax Act, the startup must fulfill the following additional mandatory conditions:<\/p>\n\n\n\n<ul><li>The startup must not be created by splitting up or\nreconstructing a business which has already been in existence. However, this\ncondition is not applicable on a business which has been reconstructed or\nrestore because of any damage to the plant, machinery, furniture, or building\ndue to any natural calamity such as cyclone, flood, typhoon; or any man-made\ncalamity such as riots, fire or explosion, or any act by an enemy.<\/li><li>The startup must not be formed by transferring any\nmachinery or plant which was not utilized earlier for any process. This\ncondition is considered to be fulfilled if the business further satisfies the\nfollowing conditions:<\/li><\/ul>\n\n\n\n<ol><li>The total value of the assets that have been transferred is not more than 20%.<\/li><li>The plant or machinery that has been transferred was used outside India. <\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Meaning_of_Industrial_Zones_under_Section_80-IC\"><\/span><strong>Meaning of\nIndustrial Zones under Section 80-IC<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>For the purposes of Section\n80-IC, the following are considered as industrial zones in India: <\/p>\n\n\n\n<ul><li>Export\nProcessing Unit<\/li><li>Integrated\nInfrastructure Development Centre<\/li><li>Industrial\nGrowth Centre<\/li><li>Theme\nPark<\/li><li>Software\nTechnology Park<\/li><li>Industrial\nEstate<\/li><li>Industrial\nPark<\/li><li>Industrial\nArea<\/li><\/ul>\n\n\n\n<p>Two of the most controversial and debated-on topics relating to the tax deductions under Section 80-IC are &#8216;Initial Assessment Year&#8217; and &#8216;Substantial Expansion.&#8217; Let&#8217;s have a look at the meaning of both these terms and the opinion of India courts on their meaning and applicability.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Meaning of\nInitial Assessment Year<\/strong><\/h3>\n\n\n\n<p>In order to apply the\ndeductions availed under Section 80-IC, it is important to determine the\ninitial assessment year for the business. As per the section, an Initial\nAssessment Year means an assessment year which is relevant to the previous\nyear, in which a startup \u2013 an undertaking or enterprise has performed any of\nthe following activities: <\/p>\n\n\n\n<ul><li>The\nbusiness has begun production activities.<\/li><li>The\nstartup has launched its business operations.<\/li><li>The\nstartup has undertaken a substantial expansion of the business. <\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>What is the\nMeaning of Substantial Expansion?<\/strong><\/h3>\n\n\n\n<p>Under Section 80-IC,\nSubstantial Expansion has been defined as an increase by the startup in its\ninvestment in the plant and machinery used by a minimum of 50% of the total\nbook value of the plant and machinery of the business. <\/p>\n\n\n\n<p>This value is calculated before\ntaking the asset depreciation on the plant and machinery in any year, and as on\nthe commencement day of the previous year in which the substantial expansion of\nthe startup took place.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Indian_Courts_on_Initial_Assessment_Year_and_Substantial_Expansion\"><\/span><strong>Indian Courts\non Initial Assessment Year and Substantial Expansion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>One of the landmark cases related to Section 80-IC, the 2018 case of <strong><em>Commission of Income Tax vs. M\/S Classic Binding Industries<\/em>, <\/strong>has led to multiple debates on the applicability of 100% deductions and calculation of initial assessment year.<\/li><\/ul>\n\n\n\n<p>In this case, the Apex\nCourt was posed with the question whether an assessee that has established a\nnew industry on which Section 80-IC is applicable, and avails 100% tax exemption\non its profits, can claim the tax exemption even after the period of five years\nwhen the substantial expansion of its manufacturing unit was done after the\nfive-year period.<\/p>\n\n\n\n<p>The Supreme Court bench of\nJustice A.K. Sikri and Justice Ashok Bhushan took the view that a 100% tax\ndeduction cannot be availed by an assessee under Section 80-IC of the Income\nTax Act, if the substantial expansion of the business was carried out after\nfive years. <\/p>\n\n\n\n<p>The court further viewed\nthat a startup cannot have two initial assessment years within the period of 10\nyears of its commencement, and therefore, it was entitled to claim an exemption\nof 100% on the grounds of its substantial expansion.<\/p>\n\n\n\n<p>The court&#8217;s order led to\nsevere disappointment in the startup community in the applicable states, which\nrelied on Section 80-IC to claim some relief for the early years of their\nbusiness activities. However, the Supreme Court was later informed of the\nmistake it made in interpreting the term &#8216;initial assessment year,&#8217; and the\ncourt rectified its order.<\/p>\n\n\n\n<p>In the Classic Binding\nIndustries case, the Supreme Court overlooked the definition of \u2018initial\nassessment year\u2019 laid down under Section 80-IC and based its ruling on the\ndefinition on term laid down under Section 80-IB, which does not apply to the\nbusinesses covered under Section 80-IC.<\/p>\n\n\n\n<p>The court further\nclarified that when the substantial expansion of a startup (an undertaking or\nenterprise) is undertaken within the period of 10 years, the previous year is\nconsidered as the \u2018initial assessment year\u2019 for the business, and therefore,\nthe business would be eligible to claim a 100% tax deduction under Section\n80-IC on its profits and gains.<\/p>\n\n\n\n<p>Additionally, the court\nheld that the deduction would only be available for a maximum period of 10\nyears. In case the business carries out its substantial expansion in the 7<sup>th<\/sup>\nyear, it would be entitled to claim a 100% deduction for the first five years,\n25% (except for a company, which can claim 30%) in the 6<sup>th<\/sup> year and\na 100% deduction again from the 7<sup>th<\/sup> year.<\/p>\n\n\n\n<ul><li>The same was held in <strong><em>Pr. CIT VS. Virgo Industries (2019)<\/em><\/strong> by the Punjab and\nHaryana High Court. In the case, the assessee claimed a 100% tax deduction in\nits 8<sup>th<\/sup> year of operations on the grounds of substantial expansion.<\/li><\/ul>\n\n\n\n<p>The Punjab and Haryana\nHigh Court accepted the assessee\u2019s claim and held the deduction under Section\n80-IC of the Indian Income Tax Act, 1961 at a rate of 100% instead of 25% for 8<sup>th<\/sup>\nyear based on substantial expansion of the undertaking is legitimate and is not\nequivalent to false information submitted by the assessee with regards to the\nprovisions of <strong><em>Section 271(1)(c) of the Income Tax Act<\/em><\/strong>.<\/p>\n\n\n\n<ul><li>In another case of <strong><em>PCIT vs. AarhamSoftronics (2019)<\/em><\/strong>, the Supreme Court was\nasked to decide whether an assessee can claim a deduction of 100% from their\nprofits for another five years after undertaking a substantial expansion, when\nit has already claimed a 100% deduction in the first five years of its\nbusiness. <\/li><\/ul>\n\n\n\n<p>The Apex Court held that\nbusiness was entitled to claim a 100% deduction if it carried out substantial\nexpansion after five years of its initial assessment year. A startup will only\nbe prevented from claiming a 100% deduction after five years and would be\nentitled to claim only 25% if it has no business activities, and its\nmanufacturing unit is dormant.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Section 80-IC of the Indian\nIncome Tax Act, 1961, was introduced as an effort to bring in more investors to\ninvest in startups operating in the states of Himachal Pradesh, Uttarakhand,\nSikkim, and the North-Eastern states, increase industrial operations and boost\neconomic development in these regions.<\/p>\n\n\n\n<p>Section 80-IC has enabled startups operating in these states to claim some tax relief during their initial years and allowed them to expand their operations without worrying about tax liabilities on the same while claiming a 100% tax exemption on the profits and gains earned during its first ten years of operation. Similar to numerous government initiatives and policies, Section 80-C is a progressive step that supports the Startup India Initiative fostered by the Government of India.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/taxability-for-co-operative-society-a-complete-outlook-on-annual-returns\/\">\nTaxability for Co-operative Societies: A Complete Outlook on Annual Returns\n<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Startups or newly incorporated businesses in India have enjoyed numerous benefits and incentives extended by the Government in an endeavor to boost entrepreneurship in the country and enable young businesses, including MSMEs, to sustain themselves, especially during their nascent years. The government schemes and initiatives for startups range from entry relaxations to tax deduction benefits, [&hellip;]<\/p>\n","protected":false},"author":28,"featured_media":7880,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[152],"tags":[541],"acf":{"service_id":"78"},"authorName":"Shivi Gupta","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/05\/shivi.jpg","authorDescription":"Shivi holds extensive experience in content development and research in the finance, economics, legal and business domain. A stickler for detail, she curates her content putting her financial and legal acumen to use and conducting a detailed analysis of latest economics, business and financial trends.","postViews":7433,"readingTime":8,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/7864"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=7864"}],"version-history":[{"count":16,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/7864\/revisions"}],"predecessor-version":[{"id":9395,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/7864\/revisions\/9395"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/7880"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=7864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=7864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=7864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}