When an author in entering into an agreement with a publisher… And when he bills the publisher… will it attract Service Tax?? I think it doesn’t… Any views??
Thnx...
Pooja Rane (Working) (159 Points)
27 January 2010When an author in entering into an agreement with a publisher… And when he bills the publisher… will it attract Service Tax?? I think it doesn’t… Any views??
Thnx...
Amir
(Learner)
(4016 Points)
Replied 27 January 2010
Dear Pooja,
U mean to say "Royalty Income".........
I don't think Service Tax is applicable on Royalty Income received by an Author of Book..
C.Balaji
(Learner)
(1867 Points)
Replied 28 January 2010
Dear CA.Pooja
Agree with Amir
I do also think Royalty income does not attract service tax.....
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