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Section 10(39) of the Income-tax Act, 1961 Exemptions Notifi


 Notice Date : 08 December 2009

Section 10(39) of the Income-tax Act, 1961 Exemptions Notified persons, notified sporting events and Specified income

NOTIFICATION NO 91/2009

Dated: December 8, 2009

In exercise of the powers conferred by clause (39) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies, -

(a) the Organising Committee Commonwealth Games, 2010 Delhi , India as the person;

(b) the following income as specified income arising to Organising Committee Commonwealth Games, 2010 Delhi, India from the organising Commonwealth Games, 2010 Delhi, India:-

(i) income arising from the receipt from International Broadcasting – rupees one hundred eighty two crore (seventy per cent. of rupees two hundred sixty crore);

(ii) income arising from the receipt from domestic broadcasting - rupees sixty six crore (sixty per cent. of rupees one hundred ten crore);

(iii) income arising from the receipt of sponsorship – rupees nine hundred sixty crore;

(iv) income arising from the receipt of ticketing – rupees hundred crore;

(v)  income arising from receipt of licensed merchandise – rupees fifty crore;

(vi)  income from Donations of rupees hundred crore, for the purposes of the said clause.

F.No.200/09/2009-ITA.I

(Padam Singh)
Under Secretary(ITA.I)

 

 

sunil
on 12 December 2009
Published in Income Tax
Source : ,










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