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.
What does El Niño refer to?
The Drafting Committee of the Indian Constituent Assembly, set up on 29th August 1947, had seven members including B.R. Ambedkar as Chairman. Which of t...
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1 KB memory is:
(a) 1000 bytes
(b) 210Â bytes
(c) 106Â bytes
(d) 102Â bytes
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Correctly match the following.
To be eligible for the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), the age of the applicant should be between:
Relevant for Exams:
