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IPL

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Thursday, March 27, 2008

IPL: Entertainment Tax Has To Be Borne By Franchise Owners

The BCCI has asked all the franchisees to apply for entertainment tax exemption for the IPL tournament matches. But if the goverment rejects this application then the franchise owners have to be prepared to pay what ever tax the goverment imposes. This was made clear by the BCCI to the franchisees.