Further insert the picture of draped textile on a new layer, above the background.

 From The Inside  Photo Effect in adobe photoshop cs

Cut the background on which the textile was situated and erase it, Apply to this layer Filter – Filter Gallery – Dry Brush.

 From The Inside  Photo Effect in adobe photoshop cs

To represent the textile's shadow, just copy the layer and blur it out: Filter – Blur – Gaussian Blur. Place the blurred layer under the textile's one.

 From The Inside  Photo Effect in adobe photoshop cs

Dark out the upper corners, using Gradient Tool.

 From The Inside  Photo Effect in adobe photoshop cs

Insert the book's picture on a higher layer.

 From The Inside  Photo Effect in adobe photoshop cs
 


Mark out and erase all unnecessary parts, turn it a little, applying Edit – Free Transform (ctrl+t) and apply Filter – Filter Gallery – Film Grain.

 From The Inside  Photo Effect in adobe photoshop cs

Place the mask above the book. Using Smudge Tool instrument, imitate the chin's touch with the letters.

 From The Inside  Photo Effect in adobe photoshop cs

On a layer lower, picture the mask's shadow with the next tool (Brush Tool) and blur it out.

 From The Inside  Photo Effect in adobe photoshop cs

Minimize the Opacity of the indicated layer.

 From The Inside  Photo Effect in adobe photoshop cs