ApunKaChoice : Bollywood

HOME | SCOOP!! & NEWS | HAPPENINGS

Amitabh BachchanHC reprieve for Amitabh Bachchan in I-T case
15th Nov 2006  09.00 IST
By Agencies  


In a reprieve for mega superstar Amitabh Bachchan , the Bombay HC on Tuesday quashed an order passed by an assistant commissioner of income tax initiating reassessment of the income of Lotus Investments Pvt. Ltd, once owned by the actor and his brother.

A division bench of Justice H L Gokhale and Justice J P Devdhar upheld the company’s contention that reassessment of income was time-barred. and could not be ordered more than six years after the original assessment.



Bachchan has been served as many as four notices by the Income Tax department since November 2005.

In February, the Income Tax department had served a notice to Bachchan seeking details of Tax Deducted at Source deductions by the superstar promoted-Amitabh Bachchan Corporation Ltd in 2000-2005.

Earlier, in January, Bachchan had received a notice from the I-T department regarding his personal tax dues, at a time he was admitted to the hospital.

Bachchan had paid the amount of about Rs 5 crore from the hospital itself.

In June this year, the latest notice was regarding the Ray Ban sunglasses Rs 2.7 lakh, which Bachchan has sported to give a real blind look to his character in the forthcoming film Zamaanat .

According to reports, the I-T department has issued a notice asking Bachchan to explain the purchase of Ray Ban glasses worth Rs 2.7 lakh.

Bachchan had bought the sunglasses from New York, because his role as a blind lawyer demanded it. He then insisted on paying for it and later, gifted it to the director S Ramanathan.

The sunglasses are expensive as they have a bifocal lens and also serve as regular spectacles. Moreover, they are Italian frames by designer Roberto Cavalli, prices start at Rs 40,000.

Related
Amitabh Bachchan
Zamaanat





Now Trending : Salman Khan | Shahrukh Khan | Ranbir Kapoor | Priyanka Chopra Aishwarya Rai | Katrina Kaif | Kareena Kapoor | Priyanka Chopra | Alia Bhatt | Surveen Chawla | New Hindi Movies

Humaima Malick says Emraan Hashmi is good at romance
Emraan is good at romance: Humaima Malick
Amitabh Bachchan to shoot 'KBC 8' launch episode in Surat
Box office: Salman Khan’s 'Kick' opens to packed houses!
Why Emraan Hashmi cursed his profession?
Must watch: ‘Fifty Shades of Grey’ trailer is hot and intriguing
Believe it or not: Priyanka Chopra fought real boxers in ‘Mary Kom’
Movie Review: 'Kick' is a treat for Salman Khan fans
‘Singham Returns’ song: Kareena Kapoor, Ajay Devgn feel 'Kuch Toh Hua Hai'
First look: Sunil Grover no longer Gutthi on 'Comedy Nights With Kapil'
Yash Raj Films to remake Vidya Balan’s 'Kahaani' in English
Salman Khan and I improvise a lot with our scenes: Nawazuddin Siddiqui
Karan Kundra, Tina Dutta, Reshmi Desae in 'Bigg Boss 8'?
Aamir Khan’s 'P.K.' trailer and Shahrukh Khan’s 'Happy New Year' promo to come out on same day
Pix: Sonam Kapoor brings style on 'Comedy Nights With Kapil'
Yo Yo Honey Singh gifts pure gold lockets to contestants

AKC HOT INDEX

ECARDS > Valentines Day, New Year, Diwali, Birthday, Valentines, Love, Christmas
CardWeaver.com > Birthday, Holi

MOVIES


celebs » wallpapers » the celeb A-Z
who's in » Freida Pinto | Anushka Sharma | Katrina Kaif | Deepika Padukone | Ranbir Kapoor | Dev Patel | Aishwarya Rai | Abhishek Bachchan | Imran Khan | Shahrukh Khan | Salman Khan | Aamir Khan | Hrithik Roshan | Akshay Kumar | Zayed Khan | Saif Ali Khan | John Abraham | Shahid Kapur | Kareena Kapoor | Vidya Balan | Priyanka Chopra | Rani Mukherjee | Mallika Sherawat | Bipasha Basu | Preity Zinta | Kajol | Neha Dhupia | Sameera Reddy | Juhi Chawla | Karisma Kapoor | Madhuri Dixit | Chitrangada Singh | Payal Rohatgi | Sneha Ullal | Mahima Chaudhary | Meghna Naidu | Rakhi Sawant | Bhumika Chawla | Lisa Ray | Dimple Kapadia | Ayesha Takia | Dia Mirza | Sushmita Sen | Amisha Patel | Esha Deol | Amrita Rao | Amrita Arora | Genelia D'Souza | Arjun Rampal | Amitabh Bachchan | Vivek Oberoi | Raima Sen | Riya Sen | Rekha | Rimi Sen | Nigar Khan | Tanushree Dutta | Yana Gupta | Shilpa Shetty | Celina Jaitley | Sonam Kapoor | Neha Oberoi | Nisha Rawal | Manjari Fadnis | Kamal Haasan | Rajnikant | Asin | Sanjay Dutt | Shahid Kapoor | Sherlyn Chopra | Farhan Akhtar | Prachi Desai | Mandira Bedi | Shahana Goswami | Konkona Sen Sharma | Kangana Ranaut | Mugdha Godse | Masumeh Makhija | Minissha Lamba | Nandana Sen | Malaika Arora | Shweta Kumar | Namitha | Kalki Koechlin | Mahi Gill | Shakeela | Lara Dutta | A R Rahman | Trisha | Shruti Haasan | Neetu Chandra | Shriya Saran | Padma Lakshmi | Emma Watson | Kelly Clarkson | Britney Spears | Anne Hathaway | Anjana Sukhani | Tila Tequila | Soha Ali Khan | Priyamani | Sonal Chauhan | Vaishali Desai | Jackky Bhagnani | Kristen Stewart | Robert Pattinson | Neil Nitin Mukesh | Shiney Ahuja | more...