deduction

08 May 2018

exemption limit u/s 80qqb

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6 Replies

Fatin Nizami (338 Points)
Replied 08 May 2018

300000/- or amount of royalty whichever is lower will be allowed as deduction.

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Miss Mansi Bhojani (Practicing Chartered Accountant) (1736 Points)
Replied 08 May 2018

Rightly stated

CA Rashmi Gandhi (Chartered Accountant) (86461 Points)
Replied 08 May 2018

Amount of royalty or Rs.300000/- w.e. is less

Rajni Maurya (9 Points)
Replied 11 May 2018

and expenses related to royalty

CA Rashmi Gandhi (Chartered Accountant) (86461 Points)
Replied 11 May 2018

Deducted from amount of royalty....

Rajni Maurya (9 Points)
Replied 11 May 2018

is there no limit regarding royalty expenses

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