https://www.taxtmi.com/manuals?id=1305 Section 115BBA taxes income of non resident sportsmen, non resident sports associations/institutions, and non resident entertainers for participation in games or sports in India, advertisements, and contributions of articles; guaranteed payments to associations and agreed prize monies are included. Basic exemption and deductions for expenditures are not available for such income, though certain Chapter VI A deductions for royalty and fees for technical services remain applicable under other provisions. Indexation and the First Proviso to the capital gains rule do not apply. If tax is deducted at source under the relevant withholding provision and such receipts are the taxpayer's sole income, filing a return is unnecessary. Umpires and match referees are treated as professionals and fall outside this provision. en-us Mon, 23 Nov 2015 14:13:00 +0530 Thu, 29 Feb 2024 17:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1305 Section 115BBA taxes income of non resident sportsmen, non resident sports associations/institutions, and non resident entertainers for participation in games or sports in India, advertisements, and contributions of articles; guaranteed payments to associations and agreed prize monies are included. Basic exemption and deductions for expenditures are not available for such income, though certain Chapter VI A deductions for royalty and fees for technical services remain applicable under other provisions. Indexation and the First Proviso to the capital gains rule do not apply. If tax is deducted at source under the relevant withholding provision and such receipts are the taxpayer's sole income, filing a return is unnecessary. Umpires and match referees are treated as professionals and fall outside this provision. Manuals Income Tax Mon, 23 Nov 2015 14:13:00 +0530 https://www.taxtmi.com/manuals?id=1305