Deduction qqb

Ms.Dipti

You have mentioned Section QQB prorbaly you are asking about Deduction u/s 80QQB.  Your quesion is not clear and prescise.  I presume that you are asking whether the royalites on a book on the subbject of Financial Accounting, recomnede by a Univiersity are eligible for deduction u/s 80QQB.

If the book on the subbject of Financial Accounting is recomended by a University as a Text Book the royalties on such book are not eligible for deduction u/s 80QQB.   It is very clear - the heading of the section itself is -

DEDUCTION I RESPECT OF ROYALTY INCOME, ETC., OF AUTHORS OF CERTAIN BOOKS OTHER THAN TEXT-BOOKS.

Best Wishes

Sathikonda

p.s, Ms.Dipti please verify your question after typing and before posting to the Forum.  Please take proper care in framing the question and usage of language also.  Because in the near future you will be a professional.  The language of the professionals should be precise and clear.