Receipts of Test Cricketers - withdrawal of earlier Instruction No. 1432. - Income Tax - 1945/1997

INSTRUCTION NO. 1945/1997 Dated: September 22, 1997 Subject: Receipts of Test Cricketers-withdrawal of earlier Instruction No. 1432-Regarding. The Central Board of Direct Taxes has issued Instruction Number 1432, dated 26.11.1981 in F. No. 200/155/80-ITA-I wherein 75% of the amount receivable by a Test player for various expenses was taken to represent expenses referred to in section 57 (iii) of the Income-tax Act, 1961. Similarly, receipts from tests played abroad and other mathces were deductible to the extent of 50% and 100% respectively. The Board has reconsidered the matter and it has been decided to withdraw the above referred Instruction Number 1432, dated 26.11.1981. Henceforth, test cricketers, who are not professionals, can claim as deduction such expenses and to the extent referred to in section 57(iii) of the Income-tax Act, 1961. Instruction Number 1432, dated 26.11.1981 is accordingly withdrawn. F. No. 200/125/94/ITA-I (H.K. CHOUDHARY) Under Secretary to the Govt, of India