Tax on IPL Matches
Parthasarathi Loganathan
(Querist) 18 March 2010
This query is : Resolved
News Item:
The Maharashtra Government has not taken a final decision on levying entertainment tax on the IPL, said the Chief Minister, Mr Ashok Chavan, on Wednesday while addressing the media on the eve of budget session. When it was pointed out that the State Cabinet said on January 20 that entertainment tax of up to 25 per cent would be imposed on the ticket sales of IPL and other one-day international cricket matches, Mr Chavan said no final decision was taken and the matter was still under consideration. Matches held in the municipal limits would attract 25 per cent tax while those outside the municipal limits would be levied 20 per cent tax.
Inference:
If Government can afford leakage of income to the exchequer on account of this non-levy of Tax, under what legal context this would stand good
Raj Kumar Makkad
(Expert) 18 March 2010
It is unfortunate that State is bearing the expenditure from exchequer on the arrangements of arranging such huge 'mela' but malafidely not charging anything....
YE ANDAR KI BAAT HAI......
Kumar Thadhani
(Expert) 19 March 2010
Very Wel said by Expert MR.MAKKAD.