2024-07-27 09:49:22
Income Tax paid by BCCI 2021-22 ₹1159 crore 2020-21 ₹844 Crore Impression is given by people that BCCI doesn't pay Income tax despite making a profit from its cricketing events. IPL profits get divided into participating teams who pay income tax on the net income. Source: [Link] NEEDS_MORE_RATINGS(6-0-2) Author
2024-07-27 15:58:22
Businesses are taxed on their profits, not revenue. Author doesn't seem to know difference between profit and revenue. BCCI does pay income tax. This post is simply misleading the readers, and what's even more appalling is that it's posted by a "CA". [Link][Link][Link] NEEDS_MORE_RATINGS(4-0-2) Author