audit of cricketer u/s 44AB of income tax act


This query is : Resolved 

23 July 2008 Hello,
pls give me some tips for doing audit of a cricketer? which exp. would be reasonable to allocate while arriving their profit?
thankyou

24 July 2008 All expenses incurred in connection with his profession can be allocated.

24 July 2008 The expenses may include and have the nexus with the profession:

Car Expenses
Travelling Expenses
Subscription and Membership Expenses
Professional Expenses
Training and Developmental Expenses
Kit Expenses
Other Incidental Expenses
Depreciation Expenses
Fitness Expenses




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