Supreme Court Issues Income Tax Notice to Amitabh Bachchan

3,300 views The Supreme Court today issued a notice to megastar Amitabh Bachchan on a petition from the Income Tax…

3,300 views

The Supreme Court today issued a notice to megastar Amitabh Bachchan on a petition from the Income Tax department. The IT department says the megastar owes 1.66 crores in taxes for his show Kaun Banega Crorepati for the year 2001-2002. In July 2012, the Bombay High Court had granted relief to the Big B by dismissing the appeal filed by the Income Tax Commissioner But then, The IT department had appealed in Supreme Court against the High Court order. Among the reasons given for reopening assessment were that the books of accounts kept by Amitabh were not examined and that although he had seven bank accounts the actor had given details of only six of them. For more Bollywood: Log on to http://www.businessofcinema.com/ Facebook: http://www.facebook.com/Businessofcinema Twitter: http://www.twitter.com/BOCLive

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