Outstanding Tax Demand Of BCCI May Go Up To Over Rs 860 Crore: RTI Reply
The outstanding tax demand by the income tax department on the Board of Control for Cricket in India may go up to over Rs 860 crore, according to an RTI reply from the department.
The outstanding tax demand by the income tax department on the Board of Control for Cricket in India may go up to over Rs 860 crore, according to an RTI reply from the department. In response to an application by RTI activist Subhash Agrawal, the I-T department has given details of the tax demands raised by it on the BCCI and the payments made by the cricket body. The tax department said the total tax payable by the BCCI till January 9, 2018, was Rs 1325.31 crore for the assessment year 2014-15 of which it had paid Rs 864.78 crore leaving an outstanding tax of Rs 460.52 crore.
The reply said for the year 2015-16, the assessment will be completed and the department is likely to raise a demand of Rs 400 crore on the cricket body, taking the total pending demand to Rs 860.52 crore.
The response of the tax department came after the Central Information Commission directed it to furnish the factual position on the demand pending and the recoveries made for the period sought by Agrawal.
"The commission would also like to draw the attention of the tax recovery authorities about the approach, procedures and extant guidelines followed by the respondent in recovery of arrears of taxes due from the public body (BCCI) and the interest accrued thereon in this particular case vis-a-vis the philosophy pursued in similarly placed matters," Information Commissioner Bimal Julka said in a recent order.
- Outstanding tax demand on BCCI may go up to over Rs 860 crore
- Total tax payable by the BCCI till January 9, 2018, was Rs 1325.31 crore
- The IT department disclosed details of tax demands raised by it on BCCI
|1||Virat Kohli India||935|
|2||Steven Smith Australia||919|
|3||Kane Williamson New Zealand||847|
|4||Joe Root England||835|
|5||David Warner Australia||812|
|1||James Anderson England||899|
|2||Kagiso Rabada South Africa||882|
|3||Vernon Philander South Africa||826|
|4||Ravindra Jadeja India||812|
|5||Trent Boult New Zealand||795|
|1||Virat Kohli||Virat Kohli||862|
|2||David Warner||David Warner||861|
|3||AB de Villiers||AB de Villiers||847|
|4||Joe Root||Joe Root||798|
|5||Kane Williamson||Kane Williamson||779|
|1||Josh Hazlewood||Josh Hazlewood||732|
|2||Imran Tahir||Imran Tahir||718|
|3||Mitchell Starc||Mitchell Starc||701|
|4||Kagiso Rabada||Kagiso Rabada||685|
|5||Sunil Narine||Sunil Narine||683|
|1||Aaron Finch Australia||891|
|2||Fakhar Zaman Pakistan||842|
|3||Lokesh Rahul India||812|
|4||Colin Munro New Zealand||801|
|5||Babar Azam Pakistan||765|
|1||Rashid Khan Afghanistan||793|
|2||Shadab Khan Pakistan||723|
|3||Ish Sodhi New Zealand||700|
|4||Yuzvendra Chahal India||685|
|5||Mitchell Santner New Zealand||665|
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