BCCI’s unpaid tax liability may go beyond ₹860 cr: RTI reply

BCCI’s unpaid tax liability may go beyond ₹860 cr: RTI reply - InsideSport

The Board of Control for Cricket in India has paid more than ₹100 crore to the Income Tax Department in December 2017. There may still be an outstanding of over ₹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 ₹1,325.31 crore for the assessment year 2014-15 of which it had paid ₹864.78 crore leaving an outstanding tax of ₹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 ₹400 crore on the cricket body, taking the total pending demand to ₹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.