Income-tax (Eighteenth Amendment) Rules, 2003

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ereby makes the following rules further to amend the Income-tax Rules, 1962, namely:- 1. (1) These rules may be called the Income-tax (Eighteenth Amendment) Rules, 2003. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Income-tax Rules, 1962, (a) after the rule 19AC, the following rule shall be inserted, namely:- "19AD. (1) For the p....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nbsp; (iv) Whether the patent is in the native of patent of addition (Yes/No)   (v) If reply to (iv) is yes, the title and registration number of original patent   2. Details of patentee:   (i) Name and address of the patentee(s),   (ii) Whether the patentee is the true and first inventor of the invention (Yes/No)   ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... (iii) use of the patent   (iv) rendering of any services in connection with the activities referred to in sub-clauses (i) to (iii)   (v) consideration for sale of products manufactured with the use of patented process or the patented article for commercial use   (b) Period for which the agreement is applicable   (c) Amount of ro....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....______________________ entered in the patent register maintained by the patent office at _________________________ under the Patents Act, 1970. This is to further verify that during the previous year, I/we have received payment in the nature of royalty income from such patent from Shri/Smt./Ms. ______________________ which is entitled for deduction under section 80RRB of the Income-tax Act, 196....