Penal proceedings on against BCCI for not filing audit reports

Penal proceedings on against BCCI

"Out of the demand so raised, an amount of Rs 682.22 crore has been collected and on effecting certain rectification, Rs 70.72 crore is due which is being adjusted against a refund for assessment year 2012-13," he added.

BCCI is the richest sports body in the country and it has been organising Indian Premier League (IPL) Twenty-20 cricket matches on commercial lines since 2008.

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