https://www.taxtmi.com/forms?id=1440 Form for electing taxation of income as royalty from an eligible patent requires assessee identification, assessment year and return details, confirmation about non application of the option in the next five years, and particulars of the first year the option was exercised. It further requires patent particulars, itemised royalty income and its character, total and India/foreign expenditure on the invention, and a confirmation whether India expenditure is seventy five percent or more of total, together with a verified declaration by an authorised signatory. en-us Wed, 27 Mar 2019 15:40:00 +0530 Mon, 11 Nov 2019 12:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forms?id=1440 Form for electing taxation of income as royalty from an eligible patent requires assessee identification, assessment year and return details, confirmation about non application of the option in the next five years, and particulars of the first year the option was exercised. It further requires patent particulars, itemised royalty income and its character, total and India/foreign expenditure on the invention, and a confirmation whether India expenditure is seventy five percent or more of total, together with a verified declaration by an authorised signatory. Forms Income Tax Wed, 27 Mar 2019 15:40:00 +0530 https://www.taxtmi.com/forms?id=1440