Printing and publication of books u/s 80QQ Income - Tax Act, 1961.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ction 80-QQ of the Income-tax Act under which any person carrying on a business in India of printing and publication of books, or only publication of books without the activity of printing, will be entitled to a deduction in the computation of his taxable income of an amount equal to 20% of the profits, from such business. The deduction under this section is not admissible to an assessee who carri....