Income Tax defeated Vijaya Bank by 82-78 to annex the 54th all-India men's basketball tournament for PSG Trophy after a tie-breaker here Thursday.
As both the teams were equal at 71-71 at the scheduled time, extra time was extended for five minutes during which the taxmen won the match by four points.
The winners received Rs one lakh and the trophy and the runners-up Rs 50,000 even as the best player award of Rs 10,000 was given to Jeeva of Income Tax.
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