IPL : Partiv Patel and Siddharth Trivedi taxed
Parthiv Patel and Siddharth Trivedi might have taken just as an entertainment for the public but for the Excise dept. they have offered a service which needs to be taxed. Both have been issued showcase notice.
Patel has been asked to pay Rs 42.84 lakh and Trivedi Rs 6.59 lakh as tax, which has been calculated on the money they received from their respective franchises.
The notices say that the players offered 'business support services' to their franchises. While Patel was picked by Chennai Super Kings for Rs 1.3 crore per season, Trivedi played for Rajasthan Royals for Rs 20 lakh per season.