InsideSport: New Delhi: Sunday, January 21, 2018.
The Board of
Control for Cricket in India has paid more than Rs.100 crore to the Income Tax
Department in December 2017. There may still be an outstanding of over Rs.860
crore, the Income Tax department has revealed in response to an RTI.
The
department, responding to an application by RTI activist Subhash Agrawal, has
given details of the tax demands raised by it on the BCCI and the payments made
by the cricket body, reports PTI.
The tax
department said the total tax payable by the BCCI till January 9, 2018, was Rs.1,325.31
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 had stated in his order.
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