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

Anurag Kashyap to edit Vikas Bahl's Shandaar

Filmmaker Anurag Kashyap, who is now all set for the release of...

Youngistaan is part of the Oscars race

"Youngistaan is a film that the world ought to watch and this...

Aamir Khan's PK to release on 3500 to 5000...

Expect Aamir Khan to come with something new for his films and...

No script was given to Ugly actors

For Ugly, Anurag Kashyap selected a new work-method. No actor...

Javed Akhtar turns lyricist for Mohenjo-Daro

Ashutosh Gowariker has time and again maintained that...

The Lunchbox named 'Best First Feature...

Ritesh Batra's much acclaimed film The Lunchbox, which had been...

Archives

  • Year:
  • Month:
  • Go

Browse

No Ads