Amid fast-moving developments in the controversy surrounding the Kochi IPL franchise, the BCCI decided to put off its Working Committee meeting which was scheduled on Saturday.
|Last Updated: Apr 18, 2010, 06:18 PM IST|Source: Bureau
Zeecric Bureau
New Delhi: Kings XI Punjab outfit has been served with a notice over Service Tax evasion over their in the 2008 season by the Excise Department. They have been asked to cough-up Rs Five Crore by the authorities.
This comes after the team is in talks of selling its current stake in the Indian Premier League to the highest bidder owing to the disinterest shown by Ness Wadia and the group of directors to run it for a longer tenure after the three year deal with the BCCI gets over after the conclusion of this season.
In the meanwhile, amid fast-moving developments in the controversy surrounding the Kochi IPL franchise, the BCCI decided to put off its Working Committee meeting which was scheduled on Saturday.
Confirming the postponement, BCCI sources indicated that the IPL Governing Council meeting is expected to be convened before the Working Committee meeting to discuss threadbare all the issues on hand, including the much-talked-about Kochi franchisee bought by a consortium Rendezvous Sports World Limited.According to indications the IPL Governing Council meeting will take place only after the conclusion of the 45-day tournament on April 25.
The IPL Governing Council meeting is expected to be a stormy one in which the powers of the high-flying chairman Lalit Modi could be curtailed in the wake of his public spat with union minister Shashi Tharoor over the Kochi franchise ownership.Meanwhile, the Income Tax authorities have issued summons to the BCCI to furnish complete details of all eight original Indian Premier League franchisees, who were successful bidders for the city-based teams in January 2008, on April 23.
By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
Cookies Setting
By clicking “Accept All Cookies”, you agree to the storing of cookies on your device and the processing of information obtained via those cookies (including about your preferences, device and online activity) by us and our commercial partners to enhance site navigation, personalise ads, analyze site usage, and assist in our marketing efforts. More information can be found in our Cookies and Privacy Policy. You can amend your cookie settings to reject non-essential cookies by clicking Cookie Settings below.
Manage Consent Preferences
Strictly Necessary Cookies
These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work or you may not be able to login.
Functional Cookies
These cookies enable the website to provide enhanced functionality and personalisation. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly.
Targeting Cookies
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They are also used to limit the number of times you see an advert as well as help measure the effectiveness of an advertising campaign. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising.
Performance Cookies
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we may not know when you have visited our site, and may not be able to monitor its performance.