Exemption for rewards by Central Government or State Government to medal winners of Olympic Games or Common Wealth Games or Asain Games under clause (17A) of section 10 of the Income Tax Act 1961 (43 of 1961).

Exemption for rewards by Central Government or State Government to medal winners of Olympic Games or Common Wealth Games or Asain Games under clause (17A) of section 10 of the Income Tax Act 1961 (43 of 1961). https://www.taxtmi.com/circulars?id=52652 The Central Government authorises that any payment, whether in cash or in kind, made by the Central Government or a State Government as a reward to medal winners of the Olympic Games, Commonwealth Games or Asian Games shall be treated as exempt from income tax under the relevant provision, with effect from the date of the order. en-us Tue, 28 Jan 2014 00:00:00 +0530 Wed, 29 Jan 2014 18:11:00 +0530 TaxTMI RSS Generator Exemption for rewards by Central Government or State Government to medal winners of Olympic Games or Common Wealth Games or Asain Games under clause (17A) of section 10 of the Income Tax Act 1961 (43 of 1961). https://www.taxtmi.com/circulars?id=52652 The Central Government authorises that any payment, whether in cash or in kind, made by the Central Government or a State Government as a reward to medal winners of the Olympic Games, Commonwealth Games or Asian Games shall be treated as exempt from income tax under the relevant provision, with effect from the date of the order. Circulars Income Tax Tue, 28 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52652