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Various special deductions available to music artists

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19 May 2008 If a music artist or a band has taken up a one time venture, Income from Other Sources shall apply, if not then their income will be assesed under Income from business and profession. I would really be greatful if someone could enlighten me on the various rebates and deductions available to a professional music artist or a band under the IT act.
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
05 April 2012 No extra rebates or deductions are available.
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