Incentivize and support authors by providing a tax deduction on royalty and copyright income : Clause 151 of the Income Tax Bill, 2025 Vs. Section 80QQA of the Income-tax Act, 1961
19 April, 2025
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Deduction for authors' royalty income limited by a fixed cap and repatriation plus certification requirements. Clause 151 grants a deduction to resident individual authors for professional income from copyright assignment or royalties for literary, artistic, or ... Summary
Deduction for authors' royalty income limited by a fixed cap and repatriation plus certification requirements.
Clause 151 grants a deduction to resident individual authors for professional income from copyright assignment or royalties for literary, artistic, or scientific books (excluding textbooks), subject to a fixed monetary cap and a royalty to sales limit for non lump sum receipts. Foreign income qualifies only if repatriated in convertible exchange within a prescribed period and accompanied by prescribed certification, and claimants must submit payer verified certificates with returns; double deduction for the same income is expressly prohibited.
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