MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 26th September, 2017
(INCOME-TAX)
S.O. 3129(E).—In exercise of the powers conferred by clause (39) of the section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the following as the international sporting event, persons and specified income for the purpose of the said clause namely:—
(a) Fédération internationale de Football Association under-17 Football World Cup as the international sporting event;
(b) the Fédération internationale de Football Association, as the person;
(c) the following income as specified income arising to Fédération internationale de Football Association, from organising the Fédération internationale de Football Association under-17 Football World Cup, 2017, India:—
(i) income arising from the receipt from National supporters namely Hero Motocorp Ltd., Bank of Baroda and Coal India Ltd. – rupees twenty-nine crore eighty-nine lakhs fifty-two thousand and two hundred and fifty-two (Rs. 29,89,52,250) only; and
(ii) income arising from the receipt of ticket sales –rupees six crore eighty-one lakhs fifteen thousand one hundred and forty-eight (Rs. 6,81,15,148) only.
[Notification No. 85/2017/F. No. 200/24/2017-ITA-I]
DEEPSHIKHA SHARMA, Director (ITA-I)
