SC notice to Amitabh Bachchan on IT Deptt's plea

January 08, 2013 19:15

The Supreme Court has sought the response of superstar Amitabh Bachchan on a petition by Income Tax Department which has claimed that the actor owes to it Rs 1.66 crore as taxes on his income he earned through quiz show 'Kaun Banega Crorepati' during 2001-02.

A bench of justices D K Jain and Madan B Lokur issued notice to the megastar on the IT Department's petition against a Bombay High Court order dismissing the government's plea challenging the exemption granted to Bachchan by Income Tax Appellate Tribunal (ITAT) in 2010.

The Bombay high court had dismissed the IT Department's plea on February 29 last year.

The IT Department in its petition has alleged that the actor in his returns filed for the assessment year 2001-02 showed his taxable income to be about Rs 3.23 crore while the Assessing Officer (AO) assessed the money earned by Bachchan to be around Rs 26 crore including the amount he had earned from the TV show, KBC.

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