Section 80RRB

Deduction under section 80RRB of Income Tax Act

Income Tax - The term ‘Royalty’ defines the income received by the innovator against the usage of the patented innovation. The individual receiving such income can claim deduction under section 80RRB if they satisfy all the requisite conditions. The present article explains all the provisions attached with deduction available under section 80RRB o...

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Recent Posts in "Section 80RRB"

Deduction under section 80RRB of Income Tax Act

The term ‘Royalty’ defines the income received by the innovator against the usage of the patented innovation. The individual receiving such income can claim deduction under section 80RRB if they satisfy all the requisite conditions. The present article explains all the provisions attached with deduction available under section 80RRB o...

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