BCA to get refund Rs 45L refund with interest from income tax

Vadodara: The Baroda Cricket Association (BCA) will soon get a refund of Rs 45 lakh with interest from the income tax department. The association had appealed to the commissioner of income tax (appeals) after it was asked to deposit Rs 45 lakh five years ago and it won the case.
BCA had organized a cricketing tour to Sri Lanka in 2014 and sent its Ranji team there. The association engaged a local tour operator and deducted 2% tax deductible at source (TDS). “But the income tax department asked BCA to deposit around Rs eight lakh saying that we deducted less TDS. We had appealed in the case and recently it it was upheld,” said Amul Jikar, former BCA treasurer during whose tenure the dispute happened.
The BCA management had to shell out another Rs 35 lakh to the income tax after it bought a new office on the OP Road in 2014. “Two out of the eight building owners were NRIs but they had Indian PAN cards and had been regularly filing IT returns here. So we considered all the owners as Indians and calculated one per cent TDS for the two NRIs. Someone had complained to the income tax department about it,” Jikar added.
“The department considered the two owners as NRIs and calculated 22%TDS. We deposited Rs 35 lakh and contested the claims. BCA won this case too along with calculation of income of some ex-selectors. We will soon get the refund of Rs 45 lakh with 6& interest,” Jikar said.