Peerless edged out Tarun Sangha 4-1, via tie-breaker in the all-Kolkata final to win the All-India Bhutia Memorial Football Tournament at the Biju Patnaik Sports Complex, Nalco Nagar (Angul) today. The champions received Rs 30,000, while the runners-up pocketed Rs 20,000. Nalco General Manager S S Patnaik and international woman footballer Sradhanjali Samantaray gave away the trophy.