The Indian Finance Ministry has brought about a rude shock to the BCCI by bringing all commercial dealing by the BCCI under the tax net for the assessment year 2008-2009. As the per the initial understanding, the IT dept is not liable to send any notice to BCCI to comply to the rules as the definition for Trust registered as charity have been made clear in the 2008 budget. BCCI so for was enjoying tax holiday as promoting cricket is a public utility and service. The IPL,matches conducted by the BCCI,TV rights etc will be under the tax net and will be on the high end of 33+ bracket and the IT dept expects the board to comply and pay advance tax.
I am sure the board will fight hard to stop this from getting implemented in all possible way. For once BCCI is fortunate to have a political person as the president in Sharad Pawar, he will go all out to see that BCCI does not pay / pays less on tax. Overall its not a good news for the cricketing community and if this is implemented the funds spent on domestic cricket and infrastructure will be the first casualty and who knows this move may also slow down the development of cricket in India.
No result in Lords Yet Again
Since 2005 Lords has not produced any result in the Test Matches whether its 5 days of cricket or hampered by rain. SA finally drew the 1st test in Lords with yet another fine hundred by Amla the third in the same innings after Smith and McKenzie. England bowlers never looked to finish the SA lineup in the 2nd innings after the good start and blame it on the pitch which did absolutely nothing to help the bowlers and the very slow turn meant that the spinners in Panesar and Pieterson was not effective. Hope we have some sporting and true wicket for the 2nd Test.
IPL draws flak from WADA
The WADA has criticized the IPL management for letting out the name of the player before the B sample verification. The WADA has also mentioned it is a violation of the regulation. As expected it was the Pakistani fast bowler Asif to have tested positive and the future looks very bleak for him. Even the PCB is learned to be very upset with the findings as Asif has been warned earlier for similar issue. IPL by letting out the name of the player has in a way indirectly helped Asif to fight the case with the WADA unhappy with the IPL management. Asif has also denied the reports stating that he has been very careful in taking drugs during the IPL and pleads innocence.
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