Exercise of option for taxation of royalty income from patent under section 194(1)[Table: Sl. No. 2]

Exercise of option for taxation of royalty income from patent under section 194(1)[Table: Sl. No. 2] https://www.taxtmi.com/acts?id=53440 Option for taxation of income as royalty in respect of a patent developed and registered in India may be exercised by an eligible assessee by furnishing Form No. 65. The form must be filed on or before the due date for filing the return of income for the relevant tax year, where the option is exercised for that year. en-us Fri, 20 Mar 2026 18:09:43 +0530 Tue, 07 Apr 2026 12:04:40 +0530 TaxTMI RSS Generator Exercise of option for taxation of royalty income from patent under section 194(1)[Table: Sl. No. 2] https://www.taxtmi.com/acts?id=53440 Option for taxation of income as royalty in respect of a patent developed and registered in India may be exercised by an eligible assessee by furnishing Form No. 65. The form must be filed on or before the due date for filing the return of income for the relevant tax year, where the option is exercised for that year. Act-Rules Income Tax Fri, 20 Mar 2026 18:09:43 +0530 https://www.taxtmi.com/acts?id=53440