https://www.taxtmi.com/news?id=71897 Form 65 is the prescribed application for an eligible resident assessee to exercise the option under Section 194(1) of the Income-tax Act, 2025 for royalty income from a patent developed and registered in India. It relates to the concessional 10% tax rate under the patent box regime and requires the assessee to forgo deductions or allowances against such royalty income. The form is filed electronically by the return-filing due date, with patent details, royalty particulars, expenditure information and verification requirements. en-us Fri, 27 Mar 2026 18:40:44 +0530 Fri, 27 Mar 2026 18:40:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71897 Form 65 is the prescribed application for an eligible resident assessee to exercise the option under Section 194(1) of the Income-tax Act, 2025 for royalty income from a patent developed and registered in India. It relates to the concessional 10% tax rate under the patent box regime and requires the assessee to forgo deductions or allowances against such royalty income. The form is filed electronically by the return-filing due date, with patent details, royalty particulars, expenditure information and verification requirements. News - Fri, 27 Mar 2026 18:40:44 +0530 https://www.taxtmi.com/news?id=71897