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January 15, 2008

NOTIFICATION NO. 7/2008

In exercise of the powers conferred by clause (39) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies,

(a) the Commonwealth Games Federation, 2nd Floor, 138, Piccadily, London, W1J 7NR, United Kingdom as the person;

(b) the Commonwealth Games 2010 to be held in India, as the international sporting event;

(c) the income arising to Commonwealth Games Federation from Commonwealth Games 2010 on account of Host Fee, received or receivable from the Organising Committee Commonwealth Games 2010 Delhi, India amounting to 7.3 million GBP, as the specified income,

for the purposes of the said clause.

 

Go to "Income Tax Update - 2008" Listings

 

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