Bollywood Hungama on Wechat
Bollywood Hungama on Pinterest
Subscribe on YouTube
News

Karan Johar moves HC against I.T. notice

By Bollywood Hungama News Network, Mar 2, 2013 - 10:56 hrs IST
#

Karan Johar has moved the Bombay High Court following a notice issued by the Income Tax (I.T.) department which stated that the filmmaker had not declared more than Rs. 2 crore profits from his film Kabhi Alvida Naa Kehna which released way back in 2006.

On March 31, 2012 the assistant commissioner of I.T. (circle 31) had issued a notice under section 148 of Income Tax Act to re-open Karan Johar's assessment for the year 2006-07. This was after the assistant commissioner felt that Karan had not declared profits amounting to Rs. 2 crores. Karan had declared an income of Rs. 14.73 crores for that financial year. However the assistant commissioner of I.T. felt that Karan hadn't provided complete details of income and expenditure pertaining to his film Kabhi Alvida Naa Kehna.

K Jo meanwhile has dismissed this allegation levied against him and has moved the HC. The case will be heard on March 6.

BollywoodHungama News share on digg BollywoodHungama News share on twitter BollywoodHungama News  share on stumbleupon BollywoodHungama News share on de.icio.us BollywoodHungama News share on facebook BollywoodHungama News share on myspace BollywoodHungama News share on google BollywoodHungama News share on technorati BollywoodHungama News BollywoodHungama News share on reddit
  • Rate this :
  • Title : 
  • Karan Johar moves HC against I.T. notice
  • Views : 
  • Comments : 
  • Favorite of : 

You Might Also Like

Sisters Sonam and Rhea Kapoor to launch own...

Over the years Sonam Kapoor, who made her debut with Saawariya...

Did CBFC members flout rules during the...

Everyone knows that no film in Bollywood can be released...

SHOCKING: Vishal Mahadkar reveals how Mohit...

A fight in full public view happened between director Vishal...

Riteish Deshmukh opts out of Kyaa Kool Hain...

The second installment of Kyaa Kool Hain Hum titled Kyaa Super...

"I don't work in art films," Govinda on why...

After months of persuasion by Salman Khan, Govinda has opted...

Lara Dutta to produce four films

Earlier we reported that former Miss Universe Lara Dutta and...

Archives

  • Year:
  • Month:
  • Go

Browse

No Ads