Tax on non-resident sportsmen OR sports associations - Section 115BBA

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..... and Non-Resident Sportsman , includes any income received/ receivable by way of participation in India in any game (other than the games referred to in section 115BB ) or sport; or advertisement, or contribution of articles relating to any game or sport in India in newspapers, magazines, or journals. Note:- Agreed amount paid to foreign cricket teams who participated in a cr .....

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..... Act in computing the income referred to in clause (a)(b)(c) above. Deduction under chapter VI-A available against Royalty and FTS referred in Section 115A . Indexation benefits First Proviso to Section 48 not available on Capital Gain taxable as per above rates. It shall not be necessary for the assessee to furnish return of income u/s 139(1), if his total income consist only of income .....

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