Section - 80MM (of Income Tax Act, 1961), Deduction in the case of an Indian company in respect of royalties received from any concern in India

Section - 80MM (of Income Tax Act, 1961), Deduction in the case of an Indian company in respect of royalties received from any concern in India

Income Tax

Deduction in the case of an Indian company in respect of royalties, etc., received from any concern in India.

[Omitted by the Finance Act, 1983, w.e.f. 1-4-1984. Original section was inserted by the Finance Act, 1969, w.e.f. 1-4-1970.]