Royalty Deduction Query

If a husband earn royalty income on book sold by wife then 80QQB deduction under income tax act will be applicable or not.
Husband is author of the book
wife is publisher of the book.
Replies (1)

As long as the husband is the author and receives royalty income from the wife's publishing business, he can claim the Section 80QQB deduction, provided he meets the eligibility criteria and possesses the mandatory Form 10CCD signed by the publisher.

 

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