Income tax for foreign athletes remains ambiguous

By Sumes Dewan,KR Chawla & Co
0
907
LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link

India’s Income Tax Act, 1961, states that any income which accrues or is deemed to accrue or is received in India is taxable under the Income Tax Act, irrespective of the residential status of the recipient.

Any foreign national working in India is treated as a non-resident, and the income accruing in India is not taxable unless the individual’s stay exceeds 183 days in a financial year. The same applies to foreign players who are not required to pay tax in India in line with the Income Tax Act.

Special rules for athletes

Sumes Dewan, Partner, KR Chawla & Co
Sumes Dewan
Partner
KR Chawla & Co

Although foreign nationals are not liable to pay income tax, the taxability of sportspersons, governed under section 115 BBA of the Income Tax Act, complicates provisions applying to non-residents.

You must be a subscribersubscribersubscribersubscriber to read this content, please subscribesubscribesubscribesubscribe today.

For group subscribers, please click here to access.
Interested in group subscription? Please contact us.

你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章,欢迎成为我们的订阅会员成为我们的订阅会员

已有集团订阅,可点击此处继续浏览。
如对集团订阅感兴趣,请联络我们

Sumes Dewan is a partner at KR Chawla & Co Advocates & Legal Consultants. The firm is headquartered in New Delhi and has offices in Chennai and Bangalore as well as a representative office in Singapore.

KR_Chawla_-_Logo

Head Office

7th Floor, Kailash Building

26, Kasturba Gandhi Marg

New Delhi – 110 001

India

Tel: +91 11 2335 7658-61

Fax: +91 11 2331 9997

Email: krclo@krcco.com

US Office

KR Chawla Inc.

One Embarcadero Center

Suite 500

San Francisco; CA 94111

Tel: +415 773 2804

Mob: +415 509 2165

LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link