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Royalty & copyright

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 September 2011 what is the differtial line between copyright & royalty?

which particular section are relevant from the point of Income tax to both copyright & royalty?
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
06 September 2011 Copyright is an attempt to stop people from stealing your property. Royalty is what you get from corporations who wish to sell your item. You can copyright your book then sell its rights to say Chapters and Chapters would have to give you a royalty every time they sold your book.
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