ADS income of cricketer is taxable in which head of IT.
1 Replies
Amir
(Learner)
(4016 Points)
Replied 11 April 2010
Dear Pradeep,
Bhai tell me honestly - R u planning to join Cricket ???? Cos u r after them like anything........:)
Anywayz - Income from endorsements(ads what u called) or as a brand ambassador will be treated u/h PGBP Only..
Though u have not asked but I am sure that u will once you come to know about it -
Income of Cricketer's from running Food Courts, Restaurants, Saloon etc - Will be taxable u/h PGBP............:)
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