https://www.taxtmi.com/news?id=71827 Form 38 is the prescribed certificate for foreign inward remittance and is filed with the return of income to support a royalty deduction claim under the Income-tax Act, 2025. It applies to an individual resident in India who is an author or patentee deriving specified royalty income. The form is certified by the bank manager of the receiving bank, requires supporting remittance and verification documents, and is submitted through details of payer, payee, payment, and electronic verification. en-us Thu, 26 Mar 2026 15:53:56 +0530 Thu, 26 Mar 2026 15:53:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71827 Form 38 is the prescribed certificate for foreign inward remittance and is filed with the return of income to support a royalty deduction claim under the Income-tax Act, 2025. It applies to an individual resident in India who is an author or patentee deriving specified royalty income. The form is certified by the bank manager of the receiving bank, requires supporting remittance and verification documents, and is submitted through details of payer, payee, payment, and electronic verification. News - Thu, 26 Mar 2026 15:53:56 +0530 https://www.taxtmi.com/news?id=71827