I received my amazon kdp royalty in aug 2021. So should I file my forms in India before 2022 March 31?
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Tax query for kdp
Replies (1)
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Deadline: The deadline for filing your tax return for the income received in August 2021 (FY 2021-22) was July 31, 2022 (or December 31, 2022, for a belated return). It is no longer possible to file a standard return for that year.
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Tax Obligations: Royalty income is fully taxable in India. You should keep records of any foreign taxes withheld to potentially claim credit, though you should consult a Chartered Accountant (CA) to assess if there are any outstanding compliance requirements or penalties applicable to your specific situation given the current date.
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