World football tourney to face tax blues- Rakesh Nangia
The coming Under-17 FIFA World Cup in India will not only be followed by football fans round the world but also by Indian tax officials, who are expected to keep a close watch on the three-week event in October. This follows the Supreme Court judgment last week that held the Formula One World Championship (FOWC) in motor racing liable to be taxed in India for the F1 Grand Prix event.
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