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Income tax exemption for ICC Champions Trophy media and sponsorship revenue notified under section 10(39) of the Income-tax Act. The Central Government notifies ICC Development (International) Ltd. as the person and the ICC Champions Trophy, 2006 as the international sporting event, and declares income to ICC Development (International) Ltd. from sale of media and sponsorship rights received or receivable from Global Cricket Corporation Pte. Limited as the specified income for the purposes of the relevant clause of the Income-tax Act.
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Income tax exemption for ICC Champions Trophy media and sponsorship revenue notified under section 10(39) of the Income-tax Act.
The Central Government notifies ICC Development (International) Ltd. as the person and the ICC Champions Trophy, 2006 as the international sporting event, and declares income to ICC Development (International) Ltd. from sale of media and sponsorship rights received or receivable from Global Cricket Corporation Pte. Limited as the specified income for the purposes of the relevant clause of the Income-tax Act.
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