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  • Form No. 10ccd Certificate Under Sub-section (3) Of ... - Webtel

Get Form No. 10ccd Certificate Under Sub-section (3) Of ... - Webtel

Form No. 10CCD See rule 19AC 1. (i) (ii) (iii) (iv) 2. 3. (i) (ii) 4. (a) 5. (i) (ii) (iii) (iv) Certificate under subsection (3) of section 80QQB for Authors of certain books in receipt of Royalty.

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The deduction is available to authors, composers, photographers, and film producers. The deduction is available up to a total deduction of Rs. 3 lakhs in a financial year, provided that the royalty earned is in excess of Rs. 150,000 in the year.

Amount of Deduction under Section 80QQB Under section 80QQB, authors can avail income tax deduction of upto Rs. 3 lakhs or upto the amount of royalty income received, whichever is lower.

This reward or compensation is called Royalty. While the Income tax department charges tax on this income under “Profit and Gains of Business or Profession” or “Other Sources” head of Income ,it also provides a deduction on the same that can be claimed by the authors to save tax.

The FORM 10CCD is a type of certificate that is to be obtained by the taxpayer i.e. author from the person or publisher making payment to him or her.

Section 9 of the Income Tax Act 1961 talks about income deemed to accrue or arise in India. When we use the originally created asset of an individual or proprietor then the amount paid to them for using their asset is termed as the royalty.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232