BCCI paid whooping INR 50 crore as income tax for year 2013-14: Monthly spending disclosure report
The Indian Cricket Board (BCCI) paid a whopping INR 50 crore as income tax for the year 2013-14, its monthly disclosure on spendings has revealed.
New Delhi: The Indian Cricket Board (BCCI) paid a whopping INR 50 crore as income tax for the year 2013-14, its monthly disclosure on spendings has revealed.
Giving details of spendings exceeding INR 25 lakh on its official website, the BCCI also revealed that it paid service tax of INR 2.74 crore.
India's Under-19 and A team coach Rahul Dravid was paid half of his professional fees during the month gone by and the figure for that stood at INR 1.30 crore.
Besides, the Assam Cricket Association in India's eastern state was paid INR 3.37 crore as part of its annual dues for the year 2014-15.
Likewise, the Cricket Association of Bengal has been given INR 6.75 crore as part of their dues, while the controversial Delhi and District Cricket Association (DDCA) was reimbursed INR 29.22 lakh for holding the Under-23 CK Nayudu Trophy's league and knockout matches.
The Board also made payments to three Indian Premier League (IPL) franchises for the ongoing season.
The Kings XI Punjab, Mumbai Indians and Delhi Daredevils have been given advance payments for the IPL which started 9 April.
The Punjab franchise (KPH Dream Cricket Private Limited) was paid INR 21.90 crore, while the Mumbai team (Indiawin Sports Private Limited) has been given 22.90 crore.
The Delhi team (GMR Sports Private Limited) has been paid INR 22.90 crore.
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