The assessee is a former Indian Cricketer  received an award of  Rs 75 .09 lakhs from BCCI in recognition of his service to Indian Cricket . The assssee claimed the said amount as exempt relying on CBDT Circular No 447 dt 22-1 1986( 1986) 157 ITR 52 (St)  . However the AO relying on Circular No 2 of 2014(2014) 361 ITR 63 (St)  held that the said amount is taxable . Order of the AO is affirmed by the CIT (A) . On appeal the Tribunal  relying on second proviso to section 56 (2) (vii)  held that BCCI is registered under section 12AA of the Act hence the amount received is not liable to be taxed . ( ITA .No. 6954/ Del/ 2019 dt 6- 1-2021 ) (AY. 2013 -14)