https://www.taxtmi.com/article/detailed?id=1006 Section 80RR grants deduction for resident individuals who derive foreign-source income in the exercise of specified professions and bring it into India in convertible foreign exchange. The operative requirement is that the income be derived by the individual "in the exercise of his profession" as one of the listed vocations; incidental authorship does not qualify unrelated professional receipts. Consultancy or legal-advisory fees earned as a chartered accountant therefore lack the necessary nexus to authorship for the Section 80RR deduction. en-us Sun, 31 Oct 2010 00:00:00 +0530 Sun, 31 Oct 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1006 Section 80RR grants deduction for resident individuals who derive foreign-source income in the exercise of specified professions and bring it into India in convertible foreign exchange. The operative requirement is that the income be derived by the individual "in the exercise of his profession" as one of the listed vocations; incidental authorship does not qualify unrelated professional receipts. Consultancy or legal-advisory fees earned as a chartered accountant therefore lack the necessary nexus to authorship for the Section 80RR deduction. Articles Income Tax Sun, 31 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=1006