IT Dept to reassess the Tax filings of Big B over KBC earnings

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Since 2000, Super star Amitabh Bacchan has been hosting the popular game show KBC for five times in total. According to the Income Tax department, Bacchan saab has showed an income of Rs. 3.23 Cr and paid Rs. 1.66 Cr tax for the same. During an assessment, Bacchan saab revised his returns showing his income as Rs 8.11 Cr. But the sernior tax officials still had a doubt in those numbers and issued a notice under section 263 in 2005. At the end of the assessment, the report says the actor income over the show was Rs 56.41 Cr. April 2006, Big B requested the court to reopen the assessment. Subsequently the court of Mumbai gave decision in favor of Big B.
In 2009 again the tax department moved the Apex court and argued about the flaws in the previous decision. Now a bench of Justice Ranjan Gogoi and Justice PC Pant set the 2012 order of Bombay High Court and allowed IT dept to assess the tax filings of Amitabh once again.