Taxman v. BCCI – To Grant Tax Exemption or Not?

Prabhakar K S – [2021] 130 taxmann.com 447 (Article)

India’s sports regime including cricket’s governing body BCCI / IPL, cricketers, cricket events and other related activities are governed by the Income Tax Act, 1961, Rules issued there under, and established International Tax Rules in terms of Double Tax Avoidance Agreements or Treaties entered between India and other contracting States as per the United Nations Model (UN Model) or Organization for Economic Co-operation and Development Model (OECD Model) of Tax Conventions. A very extensive amount of regulatory provisions are in the place to govern the entire sports regime including sportspersons, players and non-players.

This introductory research paper tries to decipher the “Withdrawn Income Tax Exemption to the BCCI’ and its likely impact.

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