Sale of copyright.

This query is : Resolved 

13 August 2016 Is sale of copyright of Business/ Profession
taxable. If yes under which head?

13 August 2016 it is taxable under capital gains

14 August 2016 Sir can we say it as Right to manufacture and take Cost of Acquisition as per section 55?


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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