https://www.taxtmi.com/acts?id=4334 Section 80QQB allows resident individual authors a deduction for income from lump-sum assignment of copyright or royalties for qualifying books, limited to the lesser of the qualifying income or a statutory ceiling; where royalties are not a lump-sum surrender, amounts exceeding fifteen percent of the value of books sold are ignored before expenses. The allowance requires prescribed certificates from payors, inward remittance and prescribed certification for foreign income, and disallows duplicate claims under other provisions once allowed. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 28 Aug 2025 13:05:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4334 Section 80QQB allows resident individual authors a deduction for income from lump-sum assignment of copyright or royalties for qualifying books, limited to the lesser of the qualifying income or a statutory ceiling; where royalties are not a lump-sum surrender, amounts exceeding fifteen percent of the value of books sold are ignored before expenses. The allowance requires prescribed certificates from payors, inward remittance and prescribed certification for foreign income, and disallows duplicate claims under other provisions once allowed. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4334