Tax exemption for specified games: Badminton listed for income tax exclusion, altering tax treatment for related sports receipts. Badminton is formally specified by Central Government notification as one of the games for the purposes of the income exclusion under section 10(23) of the Income tax Act, thereby identifying Badminton among the enumerated sports to which the statutory exclusion applies and bringing related receipts and activities into specified game treatment under the Act.
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.
Tax exemption for specified games: Badminton listed for income tax exclusion, altering tax treatment for related sports receipts.
Badminton is formally specified by Central Government notification as one of the games for the purposes of the income exclusion under section 10(23) of the Income tax Act, thereby identifying Badminton among the enumerated sports to which the statutory exclusion applies and bringing related receipts and activities into specified game treatment under the Act.
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