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SC upholds tax liability of 1996 WC governing body: Here's the story so far

The apex court said that payments made to the non-resident sports associations for the cricket world cup tournament represented their income which accrued or deemed to have arisen in India

SC upholds tax liability of 1996 WC governing body: Here's the story so far
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A bench comprising Justices U U Lalit and Vineet Saran delivered its judgement on an appeal filed by PILCOM challenging the November 2010 order of the Calcutta High Court in this regard

Press Trust of India
The Supreme Court on Wednesday said that the Pak-Indo-Lanka joint management Committee (PILCOM), which was formed for the purpose of conducting 1996 cricket world cup, was liable to deduct tax at source for payments made to non-resident sports associations for the tournament.
 
PILCOM was a committee formed by the cricket boards or associations of Pakistan, India and Sri Lanka for the purpose of conducting the 1996 cricket world cup tournament which was jointly hosted by these three countries.
 
The apex court said that payments made to the non-resident sports associations for the cricket world cup tournament represented their

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