Royalty Rate under 52(i)(j)

deepak (Querist) 10 July 2009 This query is : Resolved
Dear Sir,

Under Section 52(i)(j)of Copyright Act 1597 [which deals with the Sound Recording / Cover Version, the person shall pay the owner of the copyright the royalty.

Now my query is:

1. at what rate the royalty shall be payable to the owner.

2. is the said payment of royalty is subject to tax (like deduction of VAT from the amount of royalty payable to the owner)

3. can any one pleas provide the copy of the said judgment of the Copyright Board?

Please do the needful

Thanking you

Regards
Deepak

Follow Query

Report Abuse

Sankaranarayanan (Expert) 22 July 2009
Royalties

Royalties from copyrights, patents, and oil, gas and mineral properties are taxable as ordinary income.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Member Strength 974016 and growing..

Stay updated with latest Posts!

Trouble Logging in? Try following the given steps -
1. Visit your inbox to find a confirmation mail from LAWyersClubIndia.
2. Click on the confirmation link and confirm your signup

New users who have not received email verification mail click here to verify