Question : IT NOTICE TO SPORTS BOARD



(a) whether the income tax department has issued notice to any sport board for its non-payment of income tax;

(b) if so, the details thereof alongwith the amount required to be deposited and date from which it is outstanding;

(c) whether the Government proposes to levy/impose tax on sports; and

(d) if so, the details thereof indicating the factors taken into consideration while fixing rates of such taxes?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF FINANCE SHRI S. S. PALANIMANICKAM

(a) & (b) Information is being collected and will be laid on the table of the House.

(c)& (d) For the year 2013-14, the Budgetary exercise is under progress, Government’s response in this regard shall be reflected in the form of Finance Bill, 2013.