IPL under Income Tax Net? Or Service Tax?
In DDT 1077-24.03.2009, we had reported,
Now that IPL has shifted its venue to outside India, it will be interesting to see as to how these services will be treated. Are they provided from outside India and received in India or received outside India? How about a new set of “Taxation of services provided by IPL from Outside India Rules 2009”?
Now it seems that IPL will come under the TDS net as the tournament, although played outside the country, was conducted by the BCCI, which is registered in India.
Or will they get both Service Tax and Income Tax?