banner_ad

SC issues notice to ‘Big B’ on IT petition

ITR Filing 724 views 1 replies

 

SC issues notice to ‘Big B’ on IT petition

May 4th, 2009 - 6:44 pm ICT by ANITell a Friend -

Amitabh BachchanNew Delhi, May 4 (ANI): The Supreme Court on Monday issued notice to actor Amitabh Bachchan on a petition filed by the Income Tax Department.

A bench headed by Justice S.S. Kapadia posted the matter for hearing on October 28.

The Income Tax department has questioned a Bombay High Court order for giving Bachchan respite from tax on his income from the popular TV game show ‘Kaun Banega Crorepati’.

Bachchan, who hosted the show, had received tax exemption on 30 percent of his total income of Rs. 50.92 crore.

The actor has earlier asked the court to cut down on his tax under the Section 80 RR of the Income-Tax Act, considering that he was an artist.

The Income Tax department has asked the Bombay court to explain on what basis it gave the tax relief to Bachchan when, according to law, only those artists who earn by performing outside the country or receive payment from foreign agencies can be allowed to enjoy tax redemption.

The IT department argued that Bachchan was anchoring the show for Star India Ltd. and cannot be termed as an artist for his role in the programme. (ANI)

Replies (1)

thanx for sharing


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details