Bombay High Court Quashes IT Department's Advisory on BCCI's Tax-Exempt Status

Last updated: 20 February 2025

In a significant relief to the Board of Control for Cricket in India (BCCI), the Bombay High Court has set aside an advisory issued by the Income Tax Department, which questioned the board's tax-exempt status. The ruling underscores that any changes to BCCI's tax treatment must follow the due statut

You have reached daily limit of 2 Free News. To view this or other News please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 1999/-

Offer Price : INR 999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)
Join CCI Pro

Category Income Tax   Report

Comment   Share
  1596 Views
Comments

Recent News :

  1. Income Tax Department Enables Rectification Applications for AY 2023-24 via E-Filing Portal
  2. GST Collections in UP Reach Rs 10,000 Crore in March, Fueled by Maha Kumbh
  3. No Cut in Capital Expenditure, Claims FM Nirmala Sitharaman
  4. CBDT Recovers Rs 92,400 Crore in Outstanding Tax for FY 2024-25
  5. DFS Secretary Leads Meeting on Revamping Central KYC Records and Addressing KYC Challenge
  6. No New 5% GST on Food Delivery Apps, Confirms Finance Ministry
  7. IBC Overhaul: 6 Amendments, 122 Regulatory Reforms Enhance Corporate Debt Resolution
  8. Biometric Aadhaar Authentication & Document Verification Now Mandatory for GST Registration in Assam
  9. CBIC to Launch E-Processing for Imports & Exports via Air Passengers from 1st May 2025
  10. Mandatory 2FA for e-Way Bill & e-Invoice System

More »


Popular News




CCI Pro

Trending Online Classes

view all classess

Browse by Category