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.
Who among the following devised the system of ‘Subsidiary Alliance’?
______ is a synthetic auxin.
India's rank in rice production in the world is –
'Alkap' is a rural dance-drama performance prevalent in the parts of Jharkhand and ________.
When was the first general election held in India? Â
Padma Shri Minati Mishra was an Indian classical dancer and actress, known for her expertise in which of the following Indian classical dance forms?
What is the primary aim of the Memorandum of Understanding (MoU) signed between the Indian Navy and M/s Uber?
What is the present Statutory Liquidity ratio (SLR) of the RBI?
When did the Union Cabinet approved the setting up of National Recruitment Agency to conduct the Common Eligibility Test?
Who among the following is the author of the book ‘The Secret of the Veda’?