IT dept asks for over Rs 413 cr as tax from BCCI – India


19  feb 2012

IT dept asks for over Rs 413 cr as tax from BCCI

New Delhi: The income tax department of India has demanded over Rs 413 crore as tax from the world’s richest cricket body, the Board of Control for Cricket in India (BCCI) as per its income assessment for the year 2009-10 of which only Rs 41 crore have been paid, an RTI reply has said.


Dr Sanjay Kumar Cardiac Cardiothoracic Heart Surgeon India

Dr Sanjay Kumar Cardiac Cardiothoracic Heart Surgeon India

The department said BCCI used to get income tax exemption as a charitable organisation but now that exemption has been withdrawn and its earnings now come under business income.

Responding to activist Subhash Agrawal, the department said that the BCCI had made over Rs 964 crore for the assessment year 2009-10 for which the department had demanded tax of over Rs 413 crore but so far Rs 41.91 crore have been paid as tax by the cricket body.

The assessment for the years 2010-11 and 2011-12 is pending, it said.

“Effective steps should be taken to realise the tax dues of Rs 373 crore from the board,” Agrawal said.

About Surgeon Sanjay Kumar

Surgeon Sanjay kumar Cardiothoracic Cardiac Heart Surgery Dr Surgeon
This entry was posted in Uncategorized and tagged , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s