Sale of copyright.
This query is : Resolved
Dheeraj Kumar
(Querist)
13 August 2016
Is sale of copyright of Business/ Profession
taxable. If yes under which head?
taxable. If yes under which head?
Amol S Joglekar
(Expert)
13 August 2016
it is taxable under capital gains
Dheeraj Kumar
(Querist)
14 August 2016
Sir can we say it as Right to manufacture and take Cost of Acquisition as per section 55?
Amol S Joglekar
(Expert)
14 August 2016
it it is "Purchased one"...you can take the same as cost of aquisition, and if it is self generated, the cost is NIL
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