I-T dept gets info on IPL finances

The requests were sent after I-T investigations found links to investment of money in the UK and Mauritius by a few IPL franchises and also by suspended IPL Commissioner Lalit Modi,sources familiar with the development said.

The information received from the UK and Mauritius,under the provisions of the Double Taxation Avoidance Agreement (DTAA),pertains to investments made in these countries and routing of funds in IPL teams,the sources said.

The data will enable I-T authorities to tax the funds in India and will be a part of the probe report being prepared by the department. It was looking forward for the information since June last year,they said.