Artist definition expanded to include photographers and TV cameramen, enabling deduction for foreign sourced professional income when repatriated. The provision permits a resident individual-examples given include author, playwright, artist, musician and actor-to deduct a fixed portion of professional income derived from foreign sources when that income is received in India and brought into the country in foreign exchange in accordance with foreign exchange law. The revenue administration has decided that photographers and TV cameramen are to be regarded as artistes for the purpose of this deduction, subject to the residency, source, receipt and repatriation conditions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Artist definition expanded to include photographers and TV cameramen, enabling deduction for foreign sourced professional income when repatriated.
The provision permits a resident individual-examples given include author, playwright, artist, musician and actor-to deduct a fixed portion of professional income derived from foreign sources when that income is received in India and brought into the country in foreign exchange in accordance with foreign exchange law. The revenue administration has decided that photographers and TV cameramen are to be regarded as artistes for the purpose of this deduction, subject to the residency, source, receipt and repatriation conditions.
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