Should BCCI be subject to Income Tax?

According to this lady it earns almost ₹50,000 crs a year and pays ZERO tax as it is registered as a charitable organisation? But this is not so. It’s about ₹12000 crs a year, or ₹48390 crs for 23-27.

“The BCCI had a significant cost reduction in the IPL 2022 as well. The whole tournament was played across four different venues in Mumbai and Pune. Meanwhile, the Indian cricket board has smashed it out of the park for a maximum by fetching a record-breaking price for the IPL 2023-2027. The IPL media rights for 2023-27 were sold for a total of INR 48,390 with TV rights accounting for INR 23,575 crore and digital fetching INR 23,758 crore for 410 matches.”

https://cricbouncer.com/bcci-net-worth/

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Notes of Nagesh

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