Home > News >

Revenue Department withdraws tax exemption of 4 cricket associations

The Comptroller and Auditor General in its report tabled in Parliament last month had slammed the I-T Department for extending irregular exemptions to the four cricket affiliates of BCCI © Getty Images (Representational Photo)
The Comptroller and Auditor General in its report tabled in Parliament last month had slammed the I-T Department for extending irregular exemptions to the four cricket affiliates of BCCI © Getty Images (Representational Photo)

New Delhi: Jan 9, 2014

Revenue Department on Wednesday withdrew tax benefit of four cricket bodies — Saurashtra Cricket Association, Baroda Cricket Association, Kerala Cricket Association and Maharashtra Cricket Association — for engaging in certain commercial activities.

The Central Board of Direct Taxes (CBDT) said the Income Tax authorities have looked into the affairs of these four cricket associations and found that they were engaged in certain activities which were considered commercial in nature in view of the amended provisions of Sec 2(15) of the Income Tax Act.

“Consequently, the scrutiny of assessments in these cases has resulted into the withdrawal of tax-exemption,” the CBDT said.

Past assessments in these cases, it added, have also been reopened by the revenue department to examine the correctness of their claim for income tax exemption during the periods concerned.

The Comptroller and Auditor General (CAG) in its report tabled in Parliament last month had slammed the I-T Department for extending irregular exemptions to the four cricket affiliates of BCCI, resulting in short-levy of tax of over Rs 37 crore.

The CAG said the I-T Department allowed irregular exemptions on income from TV rights given to four associations engaged in commercial activity.

The CAG said under Section 2 (15) of the Income Tax Act, a public utility activity cannot be treated as “charitable” if it involves carrying out of any activity in the nature of trade, commerce or business.

West Indies tour of India, 2014

Oct 20, 2014 (14:30 IST)   at Kolkata

Pakistan vs Australia in UAE, 2014

Oct 22, 2014 (11:30 IST)   at Dubai

West Indies tour of India, 2014

Oct 22, 2014 (19:00 IST)   at Cuttack

Zimbabwe tour of Bangladesh, 2014

Oct 25, 2014 (09:30 IST)   at Dhaka

South Africa tour of New Zealand, 2014

Oct 27, 2014 (03:00 IST)   at Hamilton

More

South Africa tour of New Zealand, 2014

Oct 24, 2014  at Mount Maunganui

South Africa won by 72 runs

South Africa tour of New Zealand, 2014

Oct 21, 2014  at Mount Maunganui

South Africa won by 6 wkts

West Indies tour of India, 2014

Oct 17, 2014  at Dharamsala

India won by 59 runs

West Indies tour of India, 2014

Oct 14, 2014  at Visakhapatnam

Match cancelled

Pakistan vs Australia in UAE, 2014

Oct 12, 2014  at Abu Dhabi

Australia won by 1 run

Photos

Pakistan vs Australia, 1st Test at Dubai

Videos

Amla feels Proteas more acclimatised to conditions

Live Cricket Score Pakistan vs Australia, 1st Test, Day 5

Live Cricket Score: Bangladesh vs Zimbabwe, 1st Test Day 2: Bangladesh lose Shamsur early in the day

Pakistan vs Australia 2014: Ahmed Shehzad is maturing with each innings

Duleep Trophy 2014-15: Six things we learnt from the quarter-finals and semi-finals

Younis Khan — Pakistan’s greatest batsman?

Australia Australia tour of UAE 2014 Australia vs Pakistan Australia vs Pakistan 2014 Duleep Trophy India New Zealand New Zealand vs South Africa New Zealand vs South Africa 2014 Pakistan Pakistan vs Australia Pakistan vs Australia 2014 South Africa South Africa tour of New Zealand 2014 South Africa vs New Zealand South Africa vs New Zealand 2014

New Zealand vs South Africa 2014: Nathan McCullum welcomes Daniel Vettori’s return

Pakistan vs Australia 2014: My performance in this Test match has been disappointing, says Michael Clarke

New Zealand vs South Africa 2014: Kane Williamson eager to get back from injury

Live Scorecard: Bangladesh vs Zimbabwe, 1st Test Day 2 at Dhaka

Bangladesh vs Zimbabawe, Live Cricket Score, 1st Test Day 2 at Dhaka

Pakistan vs Australia 2014: Ahmed Shehzad is maturing with each innings

Bangladesh vs Zimbabwe 2014: Shakib-al-Hasan roars back with 6-wicket haul

TE Srinivasan: Graceful at the crease and in death

Duleep Trophy 2014-15: Six things we learnt from the quarter-finals and semi-finals

Fazal Mahmood engineers Pakistan’s first ever Test match victory

Fan of the Day

Suraj Gowda

Suraj Gowda

642 Posts | 9 Fans

Virat Kohli's Family Meets Anushka Sharma

How to make tamarind or imli packs for hair and skin

Birthday Special: Aamir Khan, Salman Khan, Akshay Kumar or Ajay Devgn – Who looks best opposite Asin? – Vote!

Dear IAF, every smartphone not just Xiaomi could be a security threat

Bigg Boss 8 day 34 highlights: Salman Khan makes fun of Sonali Raut’s kamchor behaviour, RJ Pritam Singh entertains!

Sadashiv Amrapurkar’s condition critical; on life support ventilator

Apple to merge Beats Music with iTunes next year as music sales fall 14 percent in 2014: WSJ

WTA Tour Finals Singapore 2014 Tennis Live Streaming: Serena Williams vs Simona Halep on Finals

Top Sex Positions: Frog Princess

Also on cricketcountry.com

Play Fantasy Cricket & Win

Cash Daily! Click here