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Income Tax - Highlights / Catch Notes

Home Highlights April 2018 Year 2018 This

Addition on the amount received in regard to Benefit Match fee - ...


Benefit Match Fee for International Cricket Achievements Exempt from Taxation, Not Considered Taxable Income.

April 17, 2018

Case Laws     Income Tax     AT

Addition on the amount received in regard to Benefit Match fee - This proceeds from benefit match received by assessee is in appreciation of his past achievements in the International Cricket arena and such type of receipt cannot be taxed because these type of receipts are specifically exempted - AT

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