![Income Tax Exemption can’t be denied to BCCI merely because IPL is structured in more Profitable Manner: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/11/Sports-Promotion-Income-Tax-Exemption-BCCI-IPL-ITAT-Taxscan.jpg "Income Tax Exemption can’t be denied to BCCI merely because IPL is structured in more Profitable Manner: ITAT [Read Order]")
Income Tax Exemption can’t be denied to BCCI merely because IPL is structured in more Profitable Manner: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) ruled that Income Tax Exemption cannot be denied to the Board of Control for Cricket in...
![ITAT quashes Re-Assessment Proceedings against BCCI [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/ITAT-Re-Assessment-Proceedings-BCCI-Taxscan.jpg "ITAT quashes Re-Assessment Proceedings against BCCI [Read Order]")
![ITAT quashes Reassessment proceedings against Nike India [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/ITAT-Reassessment-proceedings-Nike-India-Taxscan.jpg "ITAT quashes Reassessment proceedings against Nike India [Read Order]")
![Punjab Cricket Association is engaged in a Commercial Activity: ITAT Chandigarh [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/10/Punjab-Cricket-Association-Taxscan.jpg "Punjab Cricket Association is engaged in a Commercial Activity: ITAT Chandigarh [Read Order]")
ITAT deletes Penalty against BCCI since Delay in e-filing of TDS Returns was due to Initial Glitches in the Online Portal [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai, while granting relief to the Board of Control for Cricket In India ( BCCI ) held that the penalty cannot be levied since the delay in filing TDS...
![ITAT deletes Penalty against BCCI since Delay in e-filing of TDS Returns was due to Initial Glitches in the Online Portal [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/BCCI-Taxscan.jpg "ITAT deletes Penalty against BCCI since Delay in e-filing of TDS Returns was due to Initial Glitches in the Online Portal [Read Order]")
Relief to Cricketers: ITAT says Proceeds to Sameer Dighe from Benefit Match not Taxable [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) recently granted tax relief to India’s former wicket-keeper, Sameer Dighe by holding that the proceeds from a benefit match of around Rs...
![Relief to Cricketers: ITAT says Proceeds to Sameer Dighe from Benefit Match not Taxable [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/ITAT-Sameer-Dighe-Taxscan.jpg "Relief to Cricketers: ITAT says Proceeds to Sameer Dighe from Benefit Match not Taxable [Read Order]")
Bombay HC quashes FEMA proceedings against Lalit Modi : Asks RBI & Govt to seriously consider FEMA violations in IPL [Read Judgment]
A two-judge bench of the Bombay High Court has quashed the proceedings under Foreign Exchange Management Act (FEMA) against former IPL Chairman Lalit Modi. The division bench comprising of Justice...
Franchise Fee paid by Kolkata Knight Riders to BCCI is Revenue Expenditure: ITAT Allows Deduction [Read Order]
Payment of Franchise Fee by Kolkata Knight Riders to the Board of Control for Cricket in India (BCCI) would constitute revenue expenditure for the purpose of allowing Income tax deduction, said Mumbai...
![Franchise Fee paid by Kolkata Knight Riders to BCCI is Revenue Expenditure: ITAT Allows Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Kolkata-Knight-Riders-Taxscan.jpg "Franchise Fee paid by Kolkata Knight Riders to BCCI is Revenue Expenditure: ITAT Allows Deduction [Read Order]")