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Urgent tax query

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(Querist)
24 July 2014 Lump-sum Royalty received by a resident individual for fees for technical know-how provided to an Indian Pvt ltd company shall be chargeable under which head.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
25 July 2014 income from business or profession..
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idris

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idris (Querist)
25 July 2014 Sir, if Shares are issued for Royalty..



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idris

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idris (Querist)
25 July 2014 Sir, if the Company issues Shares for the Royalty..
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
25 July 2014 that doesn't change the nature of the income.
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Rupesh Jain

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Rupesh Jain (Expert)
02 August 2014 its taxable under the income from business & profession.

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