ICC may ask BCCI to pay up Rs 125 cr as tax dues from World T20 2016

The Indian government had refused to grant tax exemption to World T20 2016.

Broadcasters Star India deducted the TDS amount to be paid to government of India from the amount it paid to ICC

The International Cricket Council's (ICC) has indicated that it is looking at alternate venues for the Champions Trophy in 2021, which is to be hosted by India. This due to the fact that Indian government had refused to grant them any tax exemption for hosting the World T20 2016.

Now it has come to light that ICC is planning to ask Board of Control for Cricket in India (BCCI) to pay up the Rs 125 crs that the Indian government got in terms of tax from hosting the World T20 2016. Mumbai Mirror reported that the world body may ask Rs 125 crores as dues from the BCCI.

The figure Rs 125 crore is the amount Star has paid to the Indian government towards TDS for the 2016 championship which was a $ 290 million tournament for the ICC. However, Star held back 10 percent of that money and paid that money to Government of India as TDS.

Thanks to this deduction, the share of the ICC members came down drastically and now ICC insists that it is the host member’s responsibility to get the tax exemption from the government and if it doesn’t happen, it becomes a liability from that particular board.

"We have not seen the accounts where we the dues have been reflected as BCCI's and no one has asked us about it either," said a BCCI representative, as BCCI has denied being asked for Rs 125 crs from ICC.

The BCCI officials said that they have their legal bases covered and the world body cannot ask them to clear the tax dues.

The 2016 World Twenty20 was allotted to India when N Srinivasan was the ICC chairman and it was hosted in the country when Anurag Thakur was the president of the BCCI.

 
 

By Jatin Sharma - 11 Feb, 2018

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