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.
Choose the rightly punctuated sentence from the choices given below
A word given in bold is followed by I, II and III, each of which consists of two sentences. You need to identify the options where the given word can b...
Select the phrase/connector (in between I and II) from the given three options which can be used to form a single sentence from the two sentences given...
Select the phrase/connector from the given three options which can be used to form a single sentence from the two sentences given below, implying the s...
(a) In the 2018 census, there were 125 tigers in Nagarahole.
(b) There were 72 tigers in the 2014 exercise which was a big jump.
(i) where...
Select the phrase/connector (it must be at the start) from the given three alternatives which can be used to form a single sentence from the two senten...
Select the phrase/connector (it must be at the start) from the given three alternatives which can be used to form a single sentence from the two senten...
In the questions given below two statements are given which are grammatically correct and meaningful. Connect them by choosing the word given below the...
In the question below, three sentences are given followed by four connectors. From the options below, choose the one that provides the correct combinat...
Identify the exclamatory sentence
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