IPL row: I-T issues notices to Knight Riders, Gameplan
Kolkata: The income tax department has issued notices to Knight Riders Sports Private Limited and Gameplan Sports to appear before it in connection with the recent search operations at the offices of the two entities.
“We have issued notices to both Knight Rider Sports and Gameplan,” Director General of I-T investigation (East) Vinod Khurana told reporters.
He said the two entities had asked for time till Monday for appearing before the I-T department.
Asked whether the I-T sleuths had stumbled across any irregularities so far, Khurana said that the officials were still examining papers.
He said the Kolkata I-T office would only look into details like corporate endorsements, ticket receipts and the various heads under which expenditure was incurred and reflected in the books of the two companies.
Khurana said that the I-T office would also investigate whether TDS was made on payment made to CAB by KR Sports, which owns the KKR team.
The official said that since KR Sports was based in Mumbai, I-T Mumbai would look into the funding and shareholding pattern of KR Sports.
He said that it was not necessary that officials of the two companies would have to appear in person. “They can send their legal counsel also.”
I-T officials had conducted a search and survey operation in the city offices of KR Sports and Gameplan on Wednesday.
More from India
More from World
More from Sports
More from Entertaiment
- Kalam's advisor recalls his last moments with the great scientist
- To Sir with Love: School kids pay tribute to Dr Kalam
- DNA: Complete analysis of APJ Abdul Kalam's life and achievements
- India mourns APJ Abdul Kalam; PM to receive body at Palam airport
- Kalam's body flown to Delhi; PM, Prez lead nation in paying homage
- When UN declared Dr APJ Abdul Kalam's 79th birthday as World Students' Day
- SC hearing on 1993 Mumbai blasts convict Yakub Memon's curative plea
- India's 'original rocket man': Abdul Kalam's phenomenal contribution to Science
- Parliament pays tributes to Dr APJ Abdul Kalam, calls him 'real gem' of India
- Ready to see Shah Rukh-Salman together on-screen?