https://www.taxtmi.com/acts?id=4150 Where an author's time to create a literary or artistic work exceeds twelve months, amounts received or receivable as lump sum consideration for assignment or grant of copyright interests, or as royalties or copyright fees (lump sum or otherwise), may, if claimed by the author, be allocated for assessment in such manner and to such period as prescribed. The provision excludes application to the previous year relevant to the assessment year commencing on or after 1 April 2000; "author" includes joint authors and "lump sum" includes a non returnable advance. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 08 Jul 2025 12:07:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4150 Where an author's time to create a literary or artistic work exceeds twelve months, amounts received or receivable as lump sum consideration for assignment or grant of copyright interests, or as royalties or copyright fees (lump sum or otherwise), may, if claimed by the author, be allocated for assessment in such manner and to such period as prescribed. The provision excludes application to the previous year relevant to the assessment year commencing on or after 1 April 2000; "author" includes joint authors and "lump sum" includes a non returnable advance. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4150