Income tax department: Cricket News & Match Updates

According to documents submitted to the department, RCA Ad-hoc Committee Convenor Deendayal Kumawat has filed an application seeking to register the cricket body as a public trust under the Rajasthan Public Trusts Act, 1959, naming himself as the acting or principal trustee.

Speaking to IANS, Kumawat said the application was submitted primarily to obtain tax exemptions. He said the move followed a notice issued by the Income Tax Department on February 19, asking why the RCA had not registered under the state’s public trust law despite presenting itself as a charitable organisation.   Read More...