TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>New Rule 5G: Taxation of Patent Royalties in India u/s 115BBF, Requires Form 3CFA Submission by Due Date.</h1> The Income-tax (5th Amendment) Rules, 2017, effective from April 1, 2017, introduce Rule 5G for the taxation of income from patents under section 115BBF of the Income-tax Act, 1961. Eligible assessees can opt for taxation of royalty income from patents developed and registered in India by submitting Form No. 3CFA electronically, either via digital signature or electronic verification code, by the specified due date. The Director General of Income-tax (Systems) will establish procedures for secure data handling. The amendment also includes the insertion of Form No. 3CFA in Appendix II of the principal rules.
TaxTMI 
TaxTMI 
