Urgent tax query

This query is : Resolved 

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.

25 July 2014 income from business or profession..

25 July 2014 Sir, if Shares are issued for Royalty..

25 July 2014 Sir, if the Company issues Shares for the Royalty..

25 July 2014 that doesn't change the nature of the income.

02 August 2014 its taxable under the income from business & profession.


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