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80RRB - Portion of Royalty Patents which are Deductible

Direct Taxation

Hi sir, hope you're well. For 80QQB, the amount of deduction is net income from book patents; Gross Royalty Income - Expenses Related to such Royalty. Is this the case for 80RRB also? Or is the Gross Royalty Income directly taxed? Thanks Video Details P3A - Income Tax (New) Chp 7 - Deductions from Gross Total Income 3. S.80QQB , 80RRB , 80TTA & 80TTB


Devaprasad Jothimani

Devaprasad Jothimani

CA Inter

0

26-Mar-24 13:06

59

Answers (1)

Law is silent but it is same as 80QQB.


Shiva Teja

Shiva Teja

Faculty

01-Apr-24 11:46

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