Income Tax exemption given to ICC to be disclosed
An application was filed with the income tax (IT) department under the Right to Information (RTI) Act seeking the details of the Rs. 45 crore tax exemption given to International Cricket Council (ICC) for the 2011 World Cup.
Income tax department rejected the application contending that it held the details of the tax waiver given to ICC in fiduciary capacity which makes it out of the purview of the RTI Act.
The Central Information Commission (CIC), after hearing the case, has directed the income tax department to make public all the details of the tax exemption provided to ICC for World Cup 2011 barring the information related to commercial confidence of the International Cricket Council which fall under the severability clause in section 10 of the RTI Act.