Chapter XII-DA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC)
Part C - Procedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM)
Chapter XX-B - REQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT)
Deduction for profits from book publication allowed, subject to coordination with other specified deductions and exclusions. Where gross total income for the relevant assessment year includes profits from printing and publication of books, a deduction equal to twenty per cent of such profits is allowable; the deduction is computed after reducing those profits by specified other deductions claimed under certain sections, and 'books' excludes newspapers, journals, magazines, diaries, brochures, tracts, pamphlets and similar publications.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Deduction for profits from book publication allowed, subject to coordination with other specified deductions and exclusions.
Where gross total income for the relevant assessment year includes profits from printing and publication of books, a deduction equal to twenty per cent of such profits is allowable; the deduction is computed after reducing those profits by specified other deductions claimed under certain sections, and "books" excludes newspapers, journals, magazines, diaries, brochures, tracts, pamphlets and similar publications.
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