Sixteen new sporting disciplines have been brought under the ambit of Section 80G of the Income Tax Act — which defines charitable and benevolent purposes and allows tax benefits to donors if donations are made to institutions or funds under its ambit.
The Central Board of Direct Taxes has “added” baseball, fencing, handball, ice hockey, karate, kayaking and canoeing, netball, sepak takraw, snooker, soft tennis, taekwondo, triathlon, skiing and ice skating (winter games) and wushu, to the list through an amendment notification earlier this month.
The list already has 36 games and sports since 2003 under it.
