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tax audit for cricketer/sportman

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(Querist)
17 September 2010 what is the provision form tax audit liabilities on cricketer/sportman.
whether gross recpt of Rs. 10 Lac as profession or Rs. 40 Lac as business.
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daya shankar singh

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daya shankar singh (Expert)
17 September 2010 they are covered underr professional
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
22 September 2010 Yes. Sportsman covered under Professional, the limit is Rs.10 Lakh
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