Foreign Income from Patents and Trademarks Eligible for Section 80O Deduction, Additions Need More Than Suspicion.

Foreign Income from Patents and Trademarks Eligible for Section 80O Deduction, Additions Need More Than Suspicion. https://www.taxtmi.com/highlights?id=51855 Deduction u/s 80O - any income received by the assessee from the Government of a foreign State or foreign enterprise in consideration for the useoutside India of any patent, invention, design or registered trade mark - no addition would be sustainable in law merely on the basis of suspicion, conjectures or surmises. - AT en-us Tue, 18 Feb 2020 12:41:22 +0530 Tue, 18 Feb 2020 12:41:22 +0530 TaxTMI RSS Generator Foreign Income from Patents and Trademarks Eligible for Section 80O Deduction, Additions Need More Than Suspicion. https://www.taxtmi.com/highlights?id=51855 Deduction u/s 80O - any income received by the assessee from the Government of a foreign State or foreign enterprise in consideration for the useoutside India of any patent, invention, design or registered trade mark - no addition would be sustainable in law merely on the basis of suspicion, conjectures or surmises. - AT Highlights Income Tax Tue, 18 Feb 2020 12:41:22 +0530 https://www.taxtmi.com/highlights?id=51855