Section 80 RRB Deduction for Patent Royalty

Section 80 RRB Deduction for Patent Royalty Section 80 RRB deduction is provided for taxpayers having income through royalty on a patent. The royalty received by an individual on his/her patent is eligible for tax deductions under Section 80 RRB…

Restoration of Patent – How to Guide

Restoration of Patent - How to Guide A patent is granted for term period of twenty years considered from the date of filing of the patent. According to section 53, Indian Patent Act, the patentee has to pay renewal fee…

Tatkal Scheme for Patents

Tatkal Scheme for Patents Patent registration in India is handled by the Indian Patent Office which is under the Office of the Controller General of Patents, Designs & Trademarks (CGPDTM), a subordinate office of the Government of India. Till date, patent registration processes have been long…

Patent Provisional Specification

Patent Provisional Specification While applying for patent registration, one of the important legal documents to be filed is the provisional or complete specification. Specification may be filed either as a provisional or as a complete. A provisional specification is filed along…

How to File Patent Application

How to File Patent Application Patent registration can be used to protect an invention involving a new product or process, inventive step and capable of being made or used in an industry. The steps to filing a patent application is discussed in another…

Documents Required for Patent Registration

Documents Required for Patent Registration Patent filing has become increasingly popular in India due to the rising intellectual property rights awareness and Startup India Action Plan. In the Startup India Action Plan, eligible startups would receive a 80% rebate in…

Patent Filing Procedure

Patent Filing Procedure Patent laws in India are governed by the Indian Patent Act, 1970, which deals with the registration, renewal, transfer and protection of patent rights in India. For an invention to be patent-able, it must be novel, have an…

Service Tax on Intellectual Property Services

Service Tax on Intellectual Property Services Service tax is leviable on intellectual property services rendered by an individual or entity in India. As per the Service Tax, intellectual property service means the temporary transfer or permitting the use or enjoyment…

Inventions Not Patentable in India

Inventions Not Patentable in India For an invention to be patentable in India, the invention must be a new product or process, involving an inventive step and capable of being made or used in an industry. Further, the invention must also meet…

What can be Patented in India

What can be Patented in India For an invention to be patentable in India, the invention must be a new product or process, involving an inventive step and capable of being made or used in an industry. Further, the invention must…