07 September 2020
Hey, I wish to file ITR of a cricketer playing state level cricket. Under what source the same would be taxable? TDS is being deducted u/s 194J. Thanks
08 September 2020
okay accepted. but would that be taxable u/s 44ADA or 44AD if I choose presumptive taxation scheme? As cricket income is not covered in the definition of profession as given u/s 44AA.
26 September 2021
A cricketer is covered under "Other sports person" under sec. 44AA(1).. Domestic player who has gross receipts is less than Rs. 50 lakhs can take the benefit of presumptive taxation as per section 44ADA of the Act which provides 50 per cent of the gross receipts to be the presumptive income liable to tax
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