Hellow guys, Welcome to my website, and you are watching #bcci pays taxes? #shortsindia #incometaxact #charitableorganization #financeministry. and this vIdeo is uploaded by Prateek's Perspective at 2024-07-11T09:04:28-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | #bcci pays taxes? #shortsindia #incometaxact #charitableorganization #financeministry |
| Video Uploader | Video From Prateek's Perspective |
| Upload Date | This Video Uploaded At 11-07-2024 16:04:28 |
| Video Discription | The Board of Control for Cricket in India (BCCI) does not pay taxes on its multi-crore Indian Premier League (IPL) income due to its status as a charitable organization under Section 12A of the Income Tax Act. The Income Tax Appellate Tribunal (ITAT) upheld this status, ruling that the BCCI’s primary objective of promoting cricket allows it to claim tax exemptions, even if it generates substantial revenue from the IPL. As long as the IPL profits are utilized to further cricket development, the tax exemption remains valid. However, players' income from the IPL is still taxable. #bcci #ipl #cricket #taxexemption #indiancricket #cricketnews #bccitax #iplrevenue #cricketupdates #sportsfinance #cricketindia #bcciupdates #cricketboard #sportsnews #indiansports #taxes #cricketbusiness #bcciturnover #sportsmanagement #cricketworld #incometaxact #section12ofincometax #charitableorganisation #taxexemptions #sachintendulkar #rahuldravid #kohli #kapildev #dhoni #shortsvideo #shorts #shortsfeed #shortsviral #ytshorts #shortsyoutube #shortsvideos #shortsyoutubevideo |
| Category | People & Blogs |
| Tags | bcci | charitableorganisation | ipl | taxexemption |
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