IT-Dept had challenged Bombay HC order in SC, which gave tax relief to Amitabh Bachchan over case related to his income from TV show ‘KBC’.
SC sets aside Bombay HC order that gave relief to Actor Amitabh Bachchan in a tax dispute arising from his income from his show KBC.
Earlier In July 2012, the Bombay High Court had granted relief to Mr Bachchan by dismissing the appeal filed by the Income Tax Commissioner who reopened the actor’s assessment proceedings for 2001-2002. In their order, Justices M S Sanlecha and S F Vajifdar upheld an order of the Income Tax Tribunal which, on March 19, 2010, held that the assessment officer was not justified in starting proceedings under section 147 of IT Act against Mr Bachchan.
The Income Tax department had appealed in Supreme Court against the High Court order.
Big B hosted the show since 2000. The only time it went on air without him at the helm was in the third season when Shah Rukh Khan hosted it.