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Notification No.91 / 2009, dated 8-12-2009

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 Organising Committee Commonwealth Games, 2010 Delhi, India as the person;

(b) the following income as specified income arising to Organising Committee Commonwealth Games, 2010 Delhi, India from the organising Commonwealth Games, 2010 Delhi, India:-

(i) income arising from the receipt from International Broadcasting rupees one hundred eighty two crore (seventy per cent. of rupees two hundred sixty crore);

(ii) income arising from the receipt from domestic broadcasting – rupees sixty six crore (sixty per cent. of rupees one hundred ten crore);

(iii) income arising from the receipt of sponsorship rupees nine hundred sixty crore;

(iv) income arising from the receipt of ticketing rupees hundred crore;

(v) income arising from receipt of licensed merchandise rupees fifty crore;

(vi) income from Donations of rupees hundred crore, for the purposes of the said clause.

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2 Comments

  1. s pal says:

    DEAR SIR

    MY QUERY RELATES TO SUBMISSION OF TAX RETURNS.

    IN DAILY NAVBHARAT TIMES DT 22 05 2010, THERE WAS A NEWS ITEM ON FRONT PAGE WITH HEADING
    “TAX NAHI TO RETURN BHI NAHI”.

    IN THE DETAILS, IT WAS CLARIFIED THAT IF YOUR TAXABLE INCOME, AFTER
    DEDUCTIONS, IS BELOW THE TAX LIMIT, THEN ITAX DEPTT HAS DECIDED THAT YOU NEED NOT FILE THE RETURN.

    IT FURTHER SAYS THAT IT IS CLEARLY MENTIONED IN THE SEC 39 OF INCOME
    TAX ACT THAT , WHERE INCOME DOES NOT FALL WITHIN ITAX AMBIT, THEN DEPTT WILL NOT ACCEPT IT RETURN FROM THEM.

    MY TOTAL IMCOME IS Rs 2.56Lac AND I HAVE MADE INVESTMNTS FOR Rs 1.00Lac UNDER 80C. SO AFTER DEDUCTIONS MY TAXABLE INCOME STANDS AT Rs 1.56Lac.

    NOW I SEEK YOUR CONFIRMED OPENION AS TO WHETHER I SHOULD FILE RETURN
    THIS YEAR ALSO, AS IN THE PAST YEARS OR GOING BY THE NAVBHARAT TIMES NEWS ITEM, I NEED NOT FILE MY IT RETURN.

    ALSO PLEASE ADVICE INCOME TAX DEPTT’S VIEWS/NOTIFICATION DETAILS ETC ON THE MATTER, IF ANY.

    AWAITING YOUR RESPONSE IN THE MATTER

    SUDERSHAN PAL
    58-C MIG
    RAJOURI GARDEN
    NEW DELHI

    MOB 9810534728

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