Monetary limit for deduction in respect of royalty on patents received by a resident individual is –
A. ₹ 1,00,000
B. ₹ 3,00,000
C. ₹ 5,00,000
D. Nil
Answer:B
Monetary limit for deduction in respect of royalty on patents received by a resident individual is –
A. ₹ 1,00,000 B. ₹ 3,00,000 C. ₹ 5,00,000 D. Nil