EASYOFFICE

Royalty from books publication

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
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

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.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries