Wednesday, 9 December 2015

CA entitled to Sec. 80QQB deduction for writing book on tax problems

IT : Where assessee had authored a book on income tax problems in question answer form which was titled "How to Handle Income-tax problems", since his book was on a complex issue which really needed intellect and knowledge, said book was a literary work in terms of section 80QQB; and, hence, royalty received on same would be entitled to deduction

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