Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Patent royalty taxation option requires Form 3CFA filing electronically within the prescribed return due date. The option to tax royalty income from a patent developed and registered in India under section 115BBF is to be exercised by furnishing Form No. 3CFA, duly verified, either electronically under digital signature or through electronic verification code. The form must be complete in all respects and filed on or before the due date for furnishing the return of income for the relevant assessment year. The Director General of Income-tax (Systems) is to specify procedures, formats and standards and implement security, archival and retrieval policies for the form.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Patent royalty taxation option requires Form 3CFA filing electronically within the prescribed return due date.
The option to tax royalty income from a patent developed and registered in India under section 115BBF is to be exercised by furnishing Form No. 3CFA, duly verified, either electronically under digital signature or through electronic verification code. The form must be complete in all respects and filed on or before the due date for furnishing the return of income for the relevant assessment year. The Director General of Income-tax (Systems) is to specify procedures, formats and standards and implement security, archival and retrieval policies for the form.
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