TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Tax Deduction for Book Publishers Eliminated: 20% Profit Exemption Revoked Under Section 80QQ of Income Tax Act</h1> Section 80QQ of the Income Tax Act, 1961 previously provided tax deductions for businesses involved in printing and publishing books in India. The provision allowed a 20% deduction on profits and gains from book publication for specified assessment years. The definition of 'books' excluded newspapers, journals, magazines, diaries, brochures, pamphlets, and similar publications. The section underwent multiple amendments and was ultimately omitted in 1987.
TaxTMI 
TaxTMI 
