banner_ad

Self-publishing on Amazon Kdp

ITR 2865 views 8 replies

I have self-published a book on Amazon Kdp. Though they pay me royalties on sales, they don't give me Form 10CCD to claim deduction under sec 80QQB. Also, they withhold tax at 15% for the sales in the US market and issue form 1042s. But, they credit my account in Indian rupees every month for the sales, if any. I am an Indian resident ROR and no other foreign income. My TI is below 2.5 lakhs. My queries are:

  1. As tax is withheld in USA, does this count as foreign source of income even if i don't get paid in dollars?
  2. Should i disclose this income under section FSI in ITR? I don't have a passport or TIN, which is asked there. I am not claiming any tax credit as my TI is below the limit.
  3. Is self-publishing a business or profession? what is the business code to be chosen in ITR?

Thanks for the reply.

Replies (8)
Gross income earned from your royalty will be taxable in india
as you already filled form W-8 BEN as per USA taxation reducing the withholding tax to 15% from 30%
you now need to file incometax return as per indian rule
file ITR 3 or 4 and file form 67 to claim the credit mandatory in india
(self employed or says sole proprietorship) if you take as business and as per proffession then other proffession depends upon you

Thanks for the reply. Should i compulsorily submit Form 67 even if i don't want to claim tax credit?

for business, is the business code 9028 correct for sale of books in amazon?

Why  you don't want to claim credit ? 

Those are tds as per Indian laws

Kindly advise me if my choice of business code 9028 for the sale of own books in amazon (self-publishing) is correct or not. Thank you.

No it's incorrect as you are not involved in any retail or  others types of retail business

Show it as proffession  and file ITR

Hello, you gave your PAN number on Amazon KDP during the registration process right?  Is it safe? Can you tell me what they use it for? Do they need it to just send the KDP income details to our tax department? Or do they send the details of the US tax that they deduct at source?

Thank you.

Amazon KDP is a reputed organization and giving PAN during registration process should be safe. Amazon KDP is an American company and any royalty income generated in the United States is subject to their income tax laws. If you fill out the form, they ask for, completely, income generated in the US (not sales in amazon.in) is withheld to the tune of 15%. For that Indian PAN is required for Indian residents.

Thank you for the clarification.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details