An inflated phone bill may get you an I-T notice The Income Tax (I-T) Department may come knocking at your doors if Your annual phone bill is higher than your income tax submissions or Your passport has multiple visas in the past couple of years. Department is looking at a different set of parameters to […]
SC issues notice to Big B on alleged tax evasion
The Indian Supreme Court on Tuesday issued a notice to Bollywood King Amitabh Bachchan on a petition from the Income Tax department, which claimed Amitabh owes Rs1.66 crore in taxes for his show Kaun Banega Crorepati (KBC) for the year 2002-03. In July 2012, the Bombay High Court had granted relief to Bachchan by dismissing […]