cricketer assessee
This query is : Resolved
07 April 2008
Hello
Mr X,a resident has entered into contract for 3 years with Indian Cricket League.Is there any specific section (for deduction/exemption/allowbility of any expense)which should be kept in mind while computing his income under income tax act.
Thank you.
Hello
Mr X,a resident has entered into contract for 3 years with Indian Cricket League.Is there any specific section (for deduction/exemption/allowbility of any expense)which should be kept in mind while computing his income under income tax act.
Thank you.
07 April 2008
tds u/s 194 j is applicable & income u/h PGBP will be assessed.
08 April 2008
1.What is the nature of contract
194J will be applicable only if the services fall within the ambit of professional or technical services
194J will be applicable only if the services fall within the ambit of professional or technical services
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