March 23, 2026
Submitted By: Shweta Verma
Certificate for claiming deduction under section 152(5) of the Income-tax Act, 2025 by resident individual patentees in receipt of royalty on patents
Form 37 is the prescribed form for filing of certificate for claim of deduction under section 152(5) of the Income-tax Act’ 2025 (“ITA 2025”) by a patentee, being a resident individual, who is in receipt of royalty income during the relevant tax year, in respect of a patent registered on or after 01.04.2003 under the Patents Act’ 1970.
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