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Published 1 year ago

Parachute Coconut oil is edible oil, just like Sachin Tendulkar is an actor

Summary by Ground News

Sachin Tendulkar took tax relief by claiming to be an actor and not a cricketer. The tax authorities and manufacturers have struggled over a plethora of such cases. The dispute is just one of the more recent in a long line of tax incongruities that have jeopardized the credibility of the Indian taxation system.

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Parachute Coconut oil is edible oil, just like Sachin Tendulkar is an actor

As a consequence, Sachin Tendulkar was allowed to retain his status of ‘actor’ and allowed deductions under Section 80RR of IT Act.

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