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<h1>Tax Deduction for Exporting Media Software Under Section 80HHF: Conditions and Eligibility Explained.</h1> Section 80HHF, introduced by the Finance Act of 1999, provides a tax deduction for Indian companies engaged in exporting or transferring film, television, music, or news software, including telecast rights. The deduction applies to profits derived from such exports, contingent on receiving payment in convertible foreign exchange within six months from the end of the fiscal year. The deduction is subject to specific conditions, including the submission of a certified accountant's report with the income return. No deduction is allowed if the business is prohibited by law, and profits cannot be claimed under other tax provisions for the same period.