Question
Deduction in respect of royalty income of authors under
Chapter VI is allowed under Section:Solution
Section 80QQB of the Income Tax Act, 1961 provides a deduction to authors of certain specified works, which includes books (other than text-books for schools and colleges), to whom royalty income is payable. The deduction is allowed for the amount received or receivable as royalty income on such works. The deduction is limited to a maximum of Rs. 3,00,000 for authors of books in any financial year.
Which is the most suitable method for preserving flowers with high moisture content like roses and carnations?
Which one is insect trap crop?
Which among the following is a C₃ Plant?
Transmission of grape vine fan leaf virus is by nematode:
Which one is a warm season crop?
Which mineral is a primary component of limestone?
Milk fat in ice cream should not be less then:
Which of the following is a benefit of Zero Budget Natural Farming?
In nutrient uptake studies, which element is primarily associated with the regulation of stomatal movement and enzyme activation?
Sago is the important food product derived from