Royalty from books publication

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 June 2016 Dear Experts,

I would like to know if I am as a author and published books written by me and received royalty income. Whether it taxable income and add to my other income or it it exempted ??

kindly guide me and solve my query
Thanks in advance

Rupesh Jain

Rupesh Jain (Expert)
Follow

21 June 2016 its come under the income from business/profession. and its taxable income, you cna get the TDS refund if your income is excess exempt limit.

Online classes for CA CS CMA