Definition of 'Developed' requires majority of development expenditure to be incurred domestically to qualify for tax treatment. Definition of Developed for purposes of section 115BBF requires that a substantial majority of the expenditure by an eligible assessee be incurred in India for any invention in respect of which a patent is granted under the Patents Act.
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.
Definition of 'Developed' requires majority of development expenditure to be incurred domestically to qualify for tax treatment.
Definition of Developed for purposes of section 115BBF requires that a substantial majority of the expenditure by an eligible assessee be incurred in India for any invention in respect of which a patent is granted under the Patents Act.
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