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    <title>Deduction in respect of profits and gains from the business of publication of books</title>
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    <description>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 &quot;books&quot; excludes newspapers, journals, magazines, diaries, brochures, tracts, pamphlets and similar publications.</description>
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      <title>Deduction in respect of profits and gains from the business of publication of books</title>
      <link>https://www.taxtmi.com/acts?id=4331</link>
      <description>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 &quot;books&quot; excludes newspapers, journals, magazines, diaries, brochures, tracts, pamphlets and similar publications.</description>
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