tax audit for cricketer/sportman
This query is : Resolved
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.
whether gross recpt of Rs. 10 Lac as profession or Rs. 40 Lac as business.
17 September 2010
they are covered underr professional
22 September 2010
Yes. Sportsman covered under Professional, the limit is Rs.10 Lakh
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