ITO Section 89 | Authors.

ITO Section 89

Authors.

Where the time taken by an author of a literary or artistic work to complete the work exceeds twenty-four months, the author may elect to treat any lump sum amount received by the author in a tax year on account of royalties in respect of the work as having been received in that tax year and the preceding two tax years in equal proportions.

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Explanation of ITO Section 89

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Detail of ITO Section 89

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โ€œAllah is sufficient for me. There is none worthy of worship but Him. I have placed my trust in Him. He is the Lord of the Majestic throne.โ€