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BCCI has to pay over Rs 860 crore as outstanding tax to government, reveals RTI reply

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New Delhi | Published: January 19, 2018 6:12:10 PM

According to an RTI reply, the outstanding tax demand by the Income-Tax department on the Board of Control for Cricket (BCCI) in India may go up to over Rs 860 crore. The I-T department in a reply to the RTI filed by activist Subhash Agrawal has given details of the tax demands raised by it on the BCCI and the payments made by the cricket body.

bcci, bcci tax, tax to be paid by bcci, Board of Control for Cricket, Board of Control for Cricket tax, Board of Control for Cricket tax remaining, income tax, sports news, cricket newsBCCI. (Source: PTI)

According to an RTI reply, the outstanding tax demand by the Income-Tax department on the Board of Control for Cricket (BCCI) in India may go up to over Rs 860 crore. The I-T department in a reply to the RTI filed by activist Subhash Agrawal has given details of the tax demands raised by it on the BCCI and the payments made by the cricket body. As per the reply, the total tax payable by the board till January 9, 2018, was Rs 1325.31 crore for the assessment year 2014-15. Out of this, the board had paid Rs 864.78 crore leaving an outstanding tax of Rs 460.52 crore.

Apart from this, the assessment for the year 2015-16 will be completed soon and the department is likely to raise a demand of another 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.

About BCCI

The Board of Control for Cricket in India or the BCCI is the national governing body for cricket in India. Formed in December 1928 as a society, registered under the Tamil Nadu Societies Registration Act, it is a consortium of state cricket associations and the state associations select their representatives who in turn elect the BCCI officials. Apart from scheduling and organising the domestic and international competitions, the BCCI also organises the Indian Premier League (IPL). It is an independent body and doesn’t depend on the Government of India for its finances.

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