Invention defined by reference to patent law, determining its scope for income tax provision treatment. For the purposes of the Income-tax Act provision addressing special taxation treatment, Invention is defined by direct statutory cross-reference: the term takes the meaning assigned in clause (j) of sub section (1) of section 2 of the Patents Act. This incorporation imports the patent law definition of invention into the income tax context for application under that provision.
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Provisions expressly mentioned in the judgment/order text.
Invention defined by reference to patent law, determining its scope for income tax provision treatment.
For the purposes of the Income-tax Act provision addressing special taxation treatment, Invention is defined by direct statutory cross-reference: the term takes the meaning assigned in clause (j) of sub section (1) of section 2 of the Patents Act. This incorporation imports the patent law definition of invention into the income tax context for application under that provision.
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