IT Dept moves SC against Amitabh Bachchan

By Super Admin
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Google Oneindia News

Mumbai, Mar 27: Big B is in trouble as the Income Tax department has moved the Supreme Court challenging a seventh month old order of the Bombay High Court which had given relief to Amitabh Bachchan on his income from his super hit TV show 'Kaun Banega Crorepati'.

The move came seven months after the Bombay High Court had allowed IT exemption on 30 per cent of Bachchan's total income of Rs 50.92 crore from the show.

The Income Tax department is not in consensus with the HC order that had agreed to Bachchan claiming a benefit under Section 80RR of the Income Tax Act (which provides 30 pc tax relief on income of artistes from outside India).

However, the High Court had accepted the plea of the superstar that being an artist he should be given tax relief under section 80 RR of the Income Tax Act.

According to the department, Big B was an anchor of 'KBC" and not an artist. Moreover, the income to be categorised under Section 80RR must have either come from abroad or the artist must have performed outside India but in this case the show was shot in Mumbai itself hence, no tax relief should be granted.

OneIndia News

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