Nearly Rs. 550 crore tax arrears pending with BCCI since 2006-07
An application was filed with the Income Tax office in Mumbai under the Right to Information (RTI) Act seeking to get the details of tax paid by and the arrears pending with the Board of Control for Cricket in India (BCCI).
The reply to the application reveals that the cash-rich BCCI has not paid at least Rs. 550 crore as income tax to the government that too excluding the assessment of the last two fiscals. The data provided by the Income Tax (IT) department shows that a total of Rs. 550 crore are due to be paid by the BCCI as the accumulated tax arrears since 2006-07.
The reply states that tax demands might be pending for earlier years also but the data could not be made available. Further, the present assessment doesn't include the arrears for 2011-12 and 2012-13 as the assessment proceedings have not been completed.
The applicant, Subhash Chandra Agrawal, has demanded that all appeals against BCCI, including for assessment-years 2011-12 and 2012-13, be decided immediately and appropriate and stringent action be taken against the sporting body.