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Fiat to pay duty on Sachin''s car


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prashant
shame shame sachin
by prashant on Aug 14, 2003 11:24 PM

inspite of getting mind blowing money from advertisment you behaved in such a manner sachin.

shame on you

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suchita
fiat to pay duty on sachins car
by suchita on Aug 14, 2003 11:21 PM

Too bad, instead of fiat paying duty on sachins car duty ,which he can very well pay himself ,fiat should give that amount to upcomming sports person who are not encoraged by govt atall

there are lot of players who deserve that money.

sachin does not need charity, he is taking the food from other players mouth who deaerve this money more then sachin who can very well effort to pay this money from his own pocket



suchita sarang javadekar

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susmita
reply to TV Jayram
by susmita on Aug 14, 2003 11:04 PM

It took so long time to solve such a simple

problem!! Finally it is the best solution.

---SB

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nandu
''Dharm karo FIAT baba''
by nandu on Aug 14, 2003 11:01 PM

Maybe this silences 90% of the so-called "I am a Sachin Tendulkar adorer but since I don't like him being wealthy so I want him to pay because it will help educate and lit the families of poor Indians", Of course the rest 10% will always find another criticism. One for example would be (which is very true) Well if they pay the customs duty then that becomes an income for Sachin for which he should now pay income tax and then gift tax, and "ofcourse he can afford it" so he should pay definitely else it would be very shameful of him. But what fiat has done here should be a very resounding slap in the face of us Indians and we should remember it for our lifetime. Here comes a MNC saying "We gave a good Indian, an Indian of whom most Indians WERE proud of a gift and that caused the rest of India to ask for 120% of the gift we gave. Let us give them the 120% too. Our culture of what we are proud of is really great. Next time we get a gift we should also ask the giver for Gift tax because that is something we Indians always pay tax right ? Because I see 1000s of people complaining over tax evasion.

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Aditya Manchanda
TO PAY OR NOT TO PAY
by Aditya Manchanda on Aug 14, 2003 11:01 PM

WILL there be a day there's no controversy at all involving sportsperson



well the answer is NO



The DUTY as it stands shall it be levied or not

Be it a gift from a company to its brand ambassador it shall be levied

Be it a gift from a company to a sportsperson who has dedicated his life for the nation it be exempted



also it was a very nice jesture by the FIAT to pay for the duty though the case is still pending with the court.

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A concerned citizen
How many fooled?
by A concerned citizen on Aug 14, 2003 10:58 PM

I am not 100% sure on this.. someone knowing the tax laws please comment...



Fiat pays duty. Sachin happy as he doesnt have to pay.

Fiat writes off as expense. Fiat happy.

Fiat income reduces. Fiat pay less taxes.

Who suffers?

Indian exchequer..



Anyone knowing tax laws out there please either ratify or correct me.

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Dennis Mendonca
Fiat to pay duty on Sachin's car
by Dennis Mendonca on Aug 14, 2003 10:20 PM

FIAT have taken this stand after public pressure only to save Sachin Tendulkar's reputation.

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