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Receipts of Test Cricketers - withdrawal of earlier Instruction No. 1432.

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Full Text of the Document

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....ect: Receipts of Test Cricketers-withdrawal of earlier Instruction No. 1432-Regarding. The Central Board of Direct Taxes has issued Instruction Number 1432, dated 26.11.1981 in F. No. 200/155/80-ITA-....

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Full Text of the Document

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....umber 1432, dated 26.11.1981. Henceforth, test cricketers, who are not professionals, can claim as deduction such expenses and to the extent referred to in section 57(iii) of the Income-tax Act, 1961.....

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