Govt yet to give tax relief for World Cup
CA Manish K Dhoot (CA, B. Com, NCFM, CPCM) (5015 Points)
11 January 2011CA Manish K Dhoot (CA, B. Com, NCFM, CPCM) (5015 Points)
11 January 2011
Satvir Singh
(Newly minted CA)
(1733 Points)
Replied 11 January 2011
no need for tax ememption for cricket....basic concept of giving tax ememption is to promote something...why should govt. promote cricket, when it is already standing on its own. Red tapism is different thing, which cricket in india don't deserve exemption.
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)