https://www.taxtmi.com/acts?id=21178 A special tax regime permits an eligible resident patentee to opt to tax patent royalty income separately under fixed concessional computation; no deduction or allowance is permitted against the royalty income, the option must be exercised by the return filing due date, and defined eligibility, development expenditure thresholds, and a multi-year restriction apply where taxed income is subsequently offered outside the regime. en-us Fri, 06 May 2016 16:37:09 +0530 Wed, 03 May 2017 12:59:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21178 A special tax regime permits an eligible resident patentee to opt to tax patent royalty income separately under fixed concessional computation; no deduction or allowance is permitted against the royalty income, the option must be exercised by the return filing due date, and defined eligibility, development expenditure thresholds, and a multi-year restriction apply where taxed income is subsequently offered outside the regime. Act-Rules F. Acts / Amendment Acts Fri, 06 May 2016 16:37:09 +0530 https://www.taxtmi.com/acts?id=21178