IT dept conducts surveys in IPL franchise offices

Mumbai/Pune: Income Tax authorities today conducted surveys at the offices of Indian Premier League team franchises Pune Warriors in Pune and Mumbai and Royal Challengers Bangalore offices in the southern city as part of their probe into alleged tax evasion. I-T sources said officials were sent to collect documents and details of the transactions, share […]

Mumbai/Pune: Income Tax authorities today conducted surveys at the offices of Indian Premier League team franchises Pune Warriors in Pune and Mumbai and Royal Challengers Bangalore offices in the southern city as part of their probe into alleged tax evasion.

I-T sources said officials were sent to collect documents and details of the transactions, share holding patterns and financial investments of the franchises. The survey is also conducted at Amby Valley in Lonavala near Mumbai in connection with the Pune Warriors case, they said.