https://www.taxtmi.com/circulars?id=4846 Awards to professional sportsmen are taxable as receipts in the exercise of a profession, whereas awards to non professional sportsmen are treated as gifts or personal testimonials and are not taxable as income; the assessing officer must determine professional status on the facts of each case, and any chargeability to gift tax will be considered separately. en-us Wed, 22 Jan 1986 00:00:00 +0530 Mon, 04 Aug 2008 12:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4846 Awards to professional sportsmen are taxable as receipts in the exercise of a profession, whereas awards to non professional sportsmen are treated as gifts or personal testimonials and are not taxable as income; the assessing officer must determine professional status on the facts of each case, and any chargeability to gift tax will be considered separately. Circulars Income Tax Wed, 22 Jan 1986 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4846