Query regarding taxation of cricket player.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 January 2016
Dear Sir/Madam,
I have a client who plays for a state cricket team ,his team won a trophy & winning amount of 1 lakh each is shared with every player by their association after deducting tds u/s194b.
Now my query is :
1) Whether player can claim benefit of slab rate for that amount..??
I have a client who plays for a state cricket team ,his team won a trophy & winning amount of 1 lakh each is shared with every player by their association after deducting tds u/s194b.
Now my query is :
1) Whether player can claim benefit of slab rate for that amount..??
16 January 2016
Yes. They can claim Slab limit
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