Aishwarya Rai claims NRI exemption for Income Tax
The Bombay High Court has admitted an appeal filed by the Income Tax authorities, challenging relief granted to Bollywood star Aishwarya Rai Bachchan by Income Tax Appellate Tribunal (ITAT).
A Division Bench headed by Justice S Radhakrishnan admitted the appeal by IT authorities over Aishwarya’s tax assessment for the financial year 1996-1997.
The IT authorities moved to HC following ITAT’s last year decision quashing an IT department decision to reopen Aishwarya’s tax assessment.
IT Department’s lawyer Benny Chatterjee argued that Aishwarya’s income is not being questioned, but her getting exemption under NRI category is questionable.