hello
Can any one tell me taxation of sports persons and sections relating to them
1 Replies
Atul Kumar
(CA)
(504 Points)
Replied 19 June 2009
Sportspersons are treated as Professional as per the latest Circular by CBDT and hence Tax is deducted u/s 194J on payment made to them. Their income is assessable u/h PGBP.
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