The Income Tax (I-T) department will reopen the 2001 tax case against actor Amitabh Bachchan over his earnings during the game show Kaun Banega Crorepati (KBC).
The Supreme Court on 11 May set aside the Bombay High Court’s order giving relief to the actor in a tax dispute arising from his income from KBC. The I-T department had challenged the HC’s order in the top court.
On 8 January, the SC had sought Bachchan’s reply on a petition filed by the I-T Department, which claimed Bachchan owes Rs 1.66 crore to it as taxes on his income he earned through KBC in 2001-02.
Earlier in 2008, the HC had allowed I-T exemption on 30 percent of Bachchan’s total income of Rs 50.92 crore from the show. It had accepted the actor’s plea that being an artiste, he should be given tax relief under Section 80 RR of the Income Tax Act.
The department in its appeal challenged the order on the ground that the relief is for those artists, who either earn by performing outside the country or receive payment from foreign agencies. It was submitted by the I-T department that Bachchan was acting as an anchor in the TV programme show for Star India Ltd and cannot be termed as an artiste.