https://www.taxtmi.com/acts?id=49149 Allows resident individual authors a deduction for income from assignment of copyright or royalties for eligible non-text-book works, equal to the qualifying income or a capped amount, with non-lump-sum royalties limited by reference to a percentage of books sold; foreign-source income counts only if repatriated in convertible foreign exchange within six months (or extended period) and deduction requires prescribed payer and authority certificates filed with the return, with no double allowance under other provisions. en-us Fri, 14 Feb 2025 17:14:51 +0530 Fri, 14 Feb 2025 17:14:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49149 Allows resident individual authors a deduction for income from assignment of copyright or royalties for eligible non-text-book works, equal to the qualifying income or a capped amount, with non-lump-sum royalties limited by reference to a percentage of books sold; foreign-source income counts only if repatriated in convertible foreign exchange within six months (or extended period) and deduction requires prescribed payer and authority certificates filed with the return, with no double allowance under other provisions. Act-Rules Bills Fri, 14 Feb 2025 17:14:51 +0530 https://www.taxtmi.com/acts?id=49149