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BCCI TAX EXEMPTION
We cheer for IPL sixes, but who’s cheering for science? IITian gives a 'big, Indian' reality check as RCB victory euphoria eruptsIndia’s IPL has generated over ₹15,000 crore in profits in three years, yet the BCCI pays no income tax due to its charitable status. Exper...- BCCI secretary Jay Shah’s ICC chairman salary revealed: What we know so farJay Shah, currently the secretary of the BCCI, is set to become the ICC chairman on December 1. As an honorary BCCI secretary, he receives ...
- BCCI paid Rs 2,038 crore GST in FY23, FY24BCCI is claiming exemption under section 11 of the Income Tax Act, 1961. However, during assessment proceedings, the exemption is being dis...
- BCCI denied tax exemption under Section 11 of I-T Act, matter sub judice: FinMinMinister of State for Finance Pankaj Chaudhary made the remarks while responding to a question on whether the BCCI, despite being one of th...
- ICC Cricket World Cup 2023 final to be held at Narendra Modi Stadium in AhmedabadBCCI has however, not specified any venues for matches and the cities which will host the warm-up matches. This is due to the unpredictabil...
- BCCI could lose Rs 955 crore if ICC doesn't get tax exemption from Govt for hosting 2023 World CupTax surcharge refers to "an additional charge, fee, or tax that is added to the cost of a good or service beyond the initially quoted price...
- IPL not liable to tax, it's sport promotion, rules ITATThe Income Tax Appellate Tribunal (ITAT), in an appeal filed by the BCCI, upheld the arguments of the sports body that even though it's mak...
- BCCI AGM: Ratification of IPL teams, tax issues, cricket committees on agendaThe BCCI will also have a new vice president in Rajiv Shukla, who is going to officially take over after being put forth as the unanimous c...
- ICC Board meeting: T20 World Cup fate to be decided next month, BCCI gets December deadline for tax exemptionThe ICC Board, however, decided to put an end, at least till December this year, the tug of war over tax exemptions with the BCCI.
- ICC Board Meeting: World T20 most likely to be postponed to 2022, October window for IPL"There is a good chance that postponement of World T20 will be decided during Thursday's board meeting. Whether there will be a formal anno...
- BCCI may soon be covered under RTIThe Law Commission has recommended that the Board of Control for Cricket in India along with its constituent member associations be covered...
- Tax wrangle may see India lose out on hosting 2021 Champions TrophyThe BCCI, in its Special General Body Meeting in December last, had announced that the country will host the 2021 Champions Trophy as well ...
- Irregular tax exemptions given to cricket associations: CAGThe I-T Department has allowed irregular exemptions on TV rights from BCCI to four cricket associations resulting in non-levy of tax to the...
- ICC must pay income taxCricket has become a money spinner for cash-rich ICC. So, there is simply no reason why ICC should not contribute to the tax kitty.
- BCCI can’t wash its hands of IPL, will have to pay up: I-TThe income-tax department may now train its guns on the BCCI.
- Govt watching IPL affairs very carefully: Sports ministerGovernment is "watching very carefully" the affairs of the Indian Premier League and it is time the cricket board BCCI is made accountable ...
- Tax authorities pose 10 questions to BCCI on IPL issueIncome tax authorities have asked Board for Control of Cricket in India to respond by April 23 to 10 queries. Modi denies betting charges |...
- Render unto CaesarIt's time BCCI and IPL paid taxes. The govts must tighten the norms.
- I-T dept may spoil BCCI's IPL partyI-T authorities are getting ready to invoke the recent changes in the law which would render it difficult for BCCI to avoid paying tax. Che...
- IPL bounty may bring BCCI in income tax netI-T authorities are getting ready to invoke the just-notified changes in law which would make BCCI difficult to avoid paying tax. Financial...
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