https://www.taxtmi.com/news?id=1757 The Union Cabinet approved an income tax exemption for income arising in India from the ICC Cricket World Cup 2011, applicable to income received by ICC subsidiaries only where those entities are contractually obliged to bear the income-tax liability; this follows earlier amendments granting tax relief for international sporting events hosted in India. en-us Fri, 01 Apr 2011 18:59:47 +0530 Fri, 01 Apr 2011 18:59:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1757 The Union Cabinet approved an income tax exemption for income arising in India from the ICC Cricket World Cup 2011, applicable to income received by ICC subsidiaries only where those entities are contractually obliged to bear the income-tax liability; this follows earlier amendments granting tax relief for international sporting events hosted in India. News - Fri, 01 Apr 2011 18:59:47 +0530 https://www.taxtmi.com/news?id=1757