https://www.taxtmi.com/notifications?id=120053 Rule 5G requires an eligible assessee opting for taxation of patent royalty under section 115BBF to furnish Form No. 3CFA electronically, duly verified, on or before the due date for the relevant return of income. The Director General of Income-tax (Systems) will specify procedures, formats and security, archival and retrieval policies for capture, transmission and verification. Form 3CFA mandates assessee identity, assessment year and return dates, a five-year non-application declaration, detailed patent particulars, royalty income nature and amounts, and itemised Indian and foreign expenditure with a seventy five per cent Indian expenditure test. en-us Fri, 31 Mar 2017 00:00:00 +0530 Mon, 03 Apr 2017 14:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=120053 Rule 5G requires an eligible assessee opting for taxation of patent royalty under section 115BBF to furnish Form No. 3CFA electronically, duly verified, on or before the due date for the relevant return of income. The Director General of Income-tax (Systems) will specify procedures, formats and security, archival and retrieval policies for capture, transmission and verification. Form 3CFA mandates assessee identity, assessment year and return dates, a five-year non-application declaration, detailed patent particulars, royalty income nature and amounts, and itemised Indian and foreign expenditure with a seventy five per cent Indian expenditure test. Notifications Income Tax Fri, 31 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/notifications?id=120053