Deduction for donations to specified sports expanded; additional disciplines now qualify for tax deduction under section 80G. Amendment under section 80G inserts specified sports disciplines into the notified list of recipients whose donations qualify for deduction, adding Baseball, Fencing, Handball, Ice Hockey, Karate, Kayaking and Canoeing, Netball, Sepak Takraw, Snooker, Soft Tennis, Taekwondo, Triathlon, Winter Games (Skiing and Ice Skating) and Wushu. The amendment provides that donations to these newly listed items shall be eligible for deduction for assessment year 2010-11 and subsequent assessment years.
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Provisions expressly mentioned in the judgment/order text.
Deduction for donations to specified sports expanded; additional disciplines now qualify for tax deduction under section 80G.
Amendment under section 80G inserts specified sports disciplines into the notified list of recipients whose donations qualify for deduction, adding Baseball, Fencing, Handball, Ice Hockey, Karate, Kayaking and Canoeing, Netball, Sepak Takraw, Snooker, Soft Tennis, Taekwondo, Triathlon, Winter Games (Skiing and Ice Skating) and Wushu. The amendment provides that donations to these newly listed items shall be eligible for deduction for assessment year 2010-11 and subsequent assessment years.
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