Query regarding taxation of cricket player.

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Querist : Anonymous

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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..??

16 January 2016 Yes. They can claim Slab limit



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