194E Income Tax Act - Payments to non-resident sportsmen or sports associations

Section 194e of Income Tax Act 1961 - Payments to non-resident sportsmen or sports associations

1Where any income referred to in section 115BBA is payable to a non-resident sportsman (including an athlete) 2 or an entertainer who is not a citizen of India or a non-resident sports association or institution, the person responsible for making the payment shall, at the time of credit of such income to the account of the payee or at the time of payment thereof in cash or by issue of a cheque or draft or by any other mode, whichever is earlier, deduct income-tax thereon at the rate of 3 twenty per cent.
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1. Ins. by Act 36 of 1989, s. 22 (w.e.f. 1-11-1989). Earlier section 194D was omitted by Act 3 of 1989, s. 31(w.e.f. 1-4- 1988) which was inserted by Act 4 of 1988, s. 74 (w.e.f. 1-4-1988).
2. Ins. by Act 23 of 2012, s. 73 (w.e.f. 1-7-2012).
3. Subs. by s. 73, ibid., for "ten per cent." (w.e.f. 1-7-2012).