New Delhi: As a part of its ongoing restructuring, the Board of Control for Cricket in India (BCCI)
has decided to shift its Treasury office from Chennai to Mumbai as it terminated the services of Chennai-based tax auditor firm.
In a statement, BCCI said, "Keeping in mind that all tax matters of the BCCI are with the Income Tax Office in Mumbai, the Board has decided to hire a Tax Advisor and Internal Auditor that operates out of Mumbai."
"Accordingly, the BCCI has hired M/S Gokhale & Sathe, a reputed firm based in Mumbai and having extensive experience in Trust matters, as its advisor on Direct Tax matters and as an Internal Auditor for the accounting year 2015-16 with immediate effect, in replacement of PB Vijayraghavan & Co. from Chennai," added the statement.
Even before Shashank Manohar took over as the new BCCI President, the treasurer’s office was shifted to Mumbai from Chennai.
The BCCI also shared its constitution, formally known as Memorandum And Rules and Regulations. It has 52 pages under various heads and sub-heads.