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Deduction u/s 80QQB - Deduction in respect of royalty income of authors

Income Tax - Exemptions and Deductions - 19 - SECTION 80QQB Deduction is available in respect of royalty or copyright income of authors. Assessee covered: The taxpayer should be an individual resident of India (non - residents not covered). Condition .....

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, journals, newspaper, pamphlets, text-books for schools, tracts or other publication of similar nature. A certificate in form 10CCD is required .This certificate is to be verified from the person making payments to author. The income should be earne .....

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hor - In such case, deduction will be income, before allowing expenses attributable to such income, as in excess of 15 % of the value of books sold during the previous year. If the income is earned from outside India - Only that much amount which is .....

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