243b & 243c

ANIRBAN DAS (CMA, B.Com, CA Final,) (1522 Points)

02 July 2010  

friends i read in the economic times, thursday that the BCCI has been trying to evade tax by claiming exemptions on charitable basis, but the authorities have rejected the claims and are going to recover about 500 crores in taxes as they say that the activities of BCCI like the IPL are completely commercial and hence not to be exempted. Please give your views on this matter.