Supreme Court has given a notice to Uttar Pradesh government seeking a reply from them as to why the event, Formula 1 is given a Tax exemption.
The committee headed by Justice DK Jain also issued notice to Jaypee Group, which is the sole organizer of the event in India seeking a reply from them too as to why were they given a tax exemption. The Supreme Court has also ordered them to give their reply by Friday.
The India's first MotorSport event is scheduled on 30th October 2011, just 10 days remaining.
The committee headed by Justice DK Jain also issued notice to Jaypee Group, which is the sole organizer of the event in India seeking a reply from them too as to why were they given a tax exemption. The Supreme Court has also ordered them to give their reply by Friday.
The India's first MotorSport event is scheduled on 30th October 2011, just 10 days remaining.
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