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Govt pockets Rs 910 mn as income tax from IPL season1
 

Indiantelevision.com Team

(19 March 2009 9:45 pm)

 

MUMBAI: The inaugural edition of the Indian Premier League has fetched Rs 910 million as income tax for the Government under the Tax Deducted at Source (TDS) category.

Last year in August, the Central Board of Direct Taxes (CBDT) had notified that the multi-million Twenty20 league would be classified under the "professional services" category.

The taxes have been accumulated as TDS from the compensation paid to players, umpires, coaches and commentators amongst others by the organisers of the cash-rich tourney.

 
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