TPA - the income from settlement of patent infringement cannot ...

Patent Settlement Income Classified as 'Other Income', Not Operating Revenue for API and PDS Segments.

October 13, 2015

Case Laws Income Tax AT

TPA - the income from settlement of patent infringement cannot become part of operating revenues either on bulk drug manufacturing (API) segment or on product development service (PDS) segment which are two different segments in which assessee is operating - this income falls under the category of ‘other income’ and not operating revenue - AT

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TPA - the income from settlement of patent infringement cannot ...

Patent Settlement Income Classified as 'Other Income', Not Operating Revenue for API and PDS Segments.

October 13, 2015

Case Laws Income Tax AT

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