Saturday, May 8, 2010

IPL POP QUIZ: The Taxing Edition

Been noticing all things IPL, like the volcanic ash of deceit and lies that have clouded the cricketing matters? Good, because there are some taxing questions in this final edition of the IPL Pop Quiz! Pencils at the ready, and don't ask why the quiz comes a good two weeks after the IPL. Do you have any idea how difficult taxation paperwork is? To the questions...and do remember, like Lalit Modi, we'll be back!

1. The Income Tax officials failed to locate the vital documents of the bid papers of Videocon and Adani group for the new IPL franchises. The documents most likely are:
A. Filed in the same cabinet that also has papers from Arthur Andersen during their Enron days
B. Lost in the Icelandic volcanic ash cloud somewhere
C. Are stored in soft copy in Lalit Modi’s Blackberry
D. Obviously, the IT department is blissfully unaware of the concept of shredders

2. Which of the following 'evasion' cases come under the jurisdiction of The Income Tax Department?
A. Rahul Dravid's deft evasion of bouncers in T20 matches
B. Kieron Pollard's actions leading to spectators seeking evasive action in the stands
C. J P Duminy's evasion of scoring opportunities in the IPL final
D. Any viewer trying to evade the bombardment of ads during the games

3. The Maharastra government has taken a decision to charge entertainment tax on the IPL. They have decided to do this because:
A. Someone suddenly remembered about this kid called Monoranjan, his dad and a certain ad campaign on Set Max [http://www.youtube.com/watch?v=AHByZLDbPiw]
B. They were so depressed that Mumbai lost that they forgot how entertaining it was
C. Actually entertainment tax will also be levied on Lalit Modi, BCCI, Shashi Tharoor and even Sunanda Pushkar for all the entertaining drama they provided

4. If the Indian Government wants to erase its fiscal deficit, a well paying tax to levy would be
A. A tax everytime the MRF Blimp was mentioned at the IPL during the course of the whole season III
B. A tax on SRK's every IPL related tweet
C. A tax on every meter of the distance travelled by all of Robin Uthappa's sixes combined
D. Just ask Lalit to give you details of his Swiss Bank numbered account, will you?

5. Essay Question: With the IPL being dubbed the Indian Paisa League, explain in 200 words why this song http://www.youtube.com/watch?v=yoAmHayKQjc is the most appropriate dedication to the IPL gang.

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