https://www.taxtmi.com/acts?id=10856 A deduction is allowed for royalty income included in gross total income from ordinary sources where the taxpayer is a resident individual patentee and the royalty arises from patents meeting the registration requirement; the deduction is limited by the royalty amount determined under license terms settled by the Controller in cases of compulsory licence and by a statutory monetary ceiling. en-us Thu, 20 Aug 2009 12:29:27 +0530 Thu, 20 Aug 2009 12:29:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10856 A deduction is allowed for royalty income included in gross total income from ordinary sources where the taxpayer is a resident individual patentee and the royalty arises from patents meeting the registration requirement; the deduction is limited by the royalty amount determined under license terms settled by the Controller in cases of compulsory licence and by a statutory monetary ceiling. Act-Rules Bills Thu, 20 Aug 2009 12:29:27 +0530 https://www.taxtmi.com/acts?id=10856