12 C
New Delhi
Monday 9 December 2019
Sports 'Outstanding tax demand of BCCI may go up to...

‘Outstanding tax demand of BCCI may go up to over Rs 860 cr’

New Delhi: The oustanding 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 9 January, 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.

PTI

Subscribe to our newsletter

You will get all our latest news and articles via email when you subscribe

The email despatches will be non-commercial in nature
Disputes, if any, subject to jurisdiction in New Delhi
  • Subjects covered in this post
  • BCCI
  • RTI

Leave a Reply

Opinion

Fire: Uphaar To Mandi, Delhi Remains Incorrigible

After every fire tragedy, it is learnt illegal factories were operating in residential areas also with illegally built hotels, theatres, etc

Taliban-US Talks Bode Ill For India, But Can’t Be Helped

On the one hand, infrastructure projects of India worth crores are at stake; on the other, Pakistan is vying for the day a Taliban-ruled Afghanistan can serve it again as a terror launchpad

India Not Ready For End To Death Penalty

India hardly has an efficient apparatus of governance, but if this is what we have, we must live with the death of a killer by a court order

Trump Drives Democrats And Media Crazy

America can never be the same again, even after Trump leaves the White House,” say many, and you can read that anywhere

Balasaheb Thackeray’s Legacy Up For Grabs

The Uddhav Thackeray-led Shiv Sena has failed to live up to the ideals of Balasaheb, leaving a void that the BJP alone can fill
- Advertisement -

Elsewhere

Factory owner Md Rehan arrested; 29 of 43 bodies identified

The construction units in the factory area did not have a no-objection certificate (NOC) of the fire department

Taliban-US Talks Bode Ill For India, But Can’t Be Helped

On the one hand, infrastructure projects of India worth crores are at stake; on the other, Pakistan is vying for the day a Taliban-ruled Afghanistan can serve it again as a terror launchpad

महिला ने की बेटी को जलाने की कोशिश—किस हद तक जाते हैं एक्टिविस्ट्स

राजीव गोस्वामी का नाम आपने सुना होगा, जिसने मंडल कमीशन के विरोध में ख़ुद को आग लगा ली थी, पर इस महिला एक्टिविस्ट ने उस हद को भी पार कर लिया

India Not Ready For End To Death Penalty

India hardly has an efficient apparatus of governance, but if this is what we have, we must live with the death of a killer by a court order

Vinay Sharma, Nirbhaya case convict, wants mercy plea back

This could be Vinay Sharma's delaying tactic, believe legal experts, as the reason he has cited for the withdrawal of the plea is implausible

You might also likeRELATED
Recommended to you

For fearless journalism

%d bloggers like this: