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of <h1>Circular Clarifies Sports Promotion as 'Charitable Purpose' u/s 2(15) of Income-tax Act; Reviews Past Misclassifications.</h1> The circular addresses whether promoting sports qualifies as a 'charitable purpose' under section 2(15) of the Income-tax Act, 1961. The Finance Act, 1973 amended section 80-G, allowing deductions for donations to sports associations approved under section 10(23). Such associations cannot claim exemption under section 11 unless approved by the Central Government under section 10(23). The circular instructs that recognition certificates under section 80-G should not be issued to sports associations unless they meet these criteria. It also calls for a review of past cases where sports institutions were incorrectly treated as charitable, to tax their income and cancel issued certificates.
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