Central Government Notifies as the international sporting event, persons and specified income u/s 10(39) of Income Tax Act 1961.

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....1961), the Central Government hereby notifies the following as the international sporting event, persons and specified income for the purposes of the said clause, namely :-  (a)  the International Cricket Council Cricket World Cup, 2011 as the International Sporting event;  (b)  the following entities as the persons, namely :-  (1)  Internation....

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....tax is not transferred to the other contracting party or to a third party and such liability is to be borne by the persons in para (b) under the agreements mentioned in para (c) above. Table S. No. Person Agreement with parties Nature of agreement (1) (2) (3) (4) 1. ICC Development (International) Limited Hungary KFT LG Electronic Australia Pty. Limited Spons....