Evading taxes for long by calling itself a charitable organisation, the the Board of Control for Cricket in India (BCCI) may now have to shell out more than Rs 100 crore as the Income Tax department is set to penalise the Indian Cricket Board for hiding details of its commercial activities.
The Obama Administration has asserted that no condition has been imposed on Pakistan for the $2.3 billion Defence Authorisation Bill and charged an attempt is on to “willfully distort” the facts.