ROYALTY
This query is : Resolved
29 December 2009
CAN ANYONE TELL ME THE EXACT MEANING OF ROYALTY ?
ROYALTY INCOME WILL COME UNDER WHICH HEAD
BUSINESS INCOME OR INCOME FROM OTHER SOURCES?
ROYALTY INCOME WILL COME UNDER WHICH HEAD
BUSINESS INCOME OR INCOME FROM OTHER SOURCES?
29 December 2009
Read section 9 for the meaning of royalty.
It is actually payment made for using someone' assets.
The head depends on the facts.
It is actually payment made for using someone' assets.
The head depends on the facts.
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