2006-06-15 01:50:18 · 2 answers · asked by phantom4887 1 in News & Events ➔ Current Events
TAXING TIMES FOR BIG B
Over the past eight months Big B seems to be having a tough time dealing with tax officials.
In November 2005, the Central Board of Direct Taxes demanded that the actor pay Rs 5 crore at one go. The actor later revealed that the taxmen came calling with this notice even as he was being wheeled in for surgery at the Leelavati Hospital in Mumbai.
Bachchan was also asked to prove his status as a farmer, for a proposal to buy 20 acres of land in Maval taluka near Pune. His move to purchase land, which is only available to farmers was questioned under the Bombay Tenancy and Agricultural Land Act, 1963.
In January 2006 the IT department refused Bachchan rebate allowed to artistes under the IT Act for the income he earned for anchoring Kaun Banega Crorepati - citing that anchoring was not acting.
On March 16, Bachchan had to make a visit to the Aykar Bhavan in Mumbai regarding a long pending tax assessment matter. Normally high profile assesses do not personally go to the IT department unless they are summoned.
2006-06-15 22:11:20 · answer #1 · answered by Anonymous · 1⤊ 0⤋
They will not fight back.
2006-06-21 16:14:14 · answer #2 · answered by CottonPatch 7 · 0⤊ 0⤋