BCCI paid INR 50 crore as income tax in 2013-14

Apr 12, 2016 at 7:02 PM

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BCCI paid INR 50 crore as income tax in 2013-14

BCCI had paid Rs.50 crores during the financial year 2013-14, this has been revealed by the BCCI in their monthly disclosures on spendings. This also revealed that BCCI paid Rs. 2.74 crores as service tax. Only the spendings which amounted to more than 25 lakhs were disclosed by the BCCI.

They also revealed that Rahul Dravid was paid Rs. 1.30 crore, which is half of the total fees for coaching India A side and the Indian Under-19 side. Also, Rs. 3.37 crores were paid to Assam Cricket Association as the annual dues for the 2014-15 season.

Cricket Association of Bengal were given Rs. 6.75 crores as part of their annual dues and the very controversial Delhi & District Cricket Association were given reimbursement of Rs. 29.22 lakh, as they conducted the league and knockout matches of Under-23 CK Nayudu Trophy.

Not only this, advance payments have also been made to the IPL franchises for the ongoing season of the IPL. Kings XI Punjab (KPH Dream Cricket Private Limited) have been paid Rs. 21.9 crores, whereas the Delhi Daredevils (GMR Sports Private Limited)  & Mumbai Indians (Indiawin Sports Private Limited), have been paid Rs. 22.9 crores.

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