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~** The Asli Khan - Salman Khan **~ (Page 78)

ZoobiDoobi IF-Addictz
ZoobiDoobi
ZoobiDoobi

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Posted: 12 June 2011 at 7:42pm | IP Logged
Oh Thanks San.

yeah same here Marium Smile

zaryaabJuhi1b8 IF-Sizzlerz
zaryaabJuhi1b8
zaryaabJuhi1b8

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Posted: 12 June 2011 at 7:52pm | IP Logged
Bombay high court rejects IT plea, ends Salman Khan tax trouble

Bollywood actor Salman Khan received a breather after the Bombay high court last week dismissed an appeal filed by the income tax (IT) department against its tribunal ruling in the actor's favour in a dispute over alleged tax evasion of nearly Rs4 crore.

A division bench of Justices JP Devadhar and RP Sondurbaldota on June 6 heard the IT's appeal against Income Tax Appellate Tribunal's (ITAT) June 2009 order which ruled in Khan's favour. The tax dispute was for assessment year 2000-01 in which Khan declared his income at Rs9.32 crore. However, a reassessment put his income at Rs13.61 crore.

The details of this income were revealed in post-assessment searches by the IT at the premises of his then-secretary Sudhir Wahi on November 23, 2000. The reassessment was opened on the basis of cash receipts worth Rs2.45 crore being recovered from producers Shyam Bajaj and Bobby Kent and also cash loaned to producer KC Bokadia along with the interest earned.

Khan challenged the assessing officer's order with the Commissioner of Income Tax-Appeals saying no notice mandatory under Section 143 (2) of Income Tax Act was issued to him before starting the assessment proceedings. The CIT-A upheld the order but granted relief to Khan. IT then appealed before ITAT which in June 2009 ruled in Khan's favour.

"In the present case, the reassessment year involved relates to the period prior to the insertion of Section 292 BB (under this, if an assessee is cooperating with the assessment, issue of notice is not required)," the judges wrote, dismissing the IT's appeal. Advocates Vimal Gupta and Padma Diwakar argued for the IT.

ZoobiDoobi IF-Addictz
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Posted: 12 June 2011 at 7:53pm | IP Logged
Hey Zaru Hug

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Posted: 12 June 2011 at 9:40pm | IP Logged
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Posted: 12 June 2011 at 11:25pm | IP Logged
OMG
Those Pics are So Good

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Posted: 12 June 2011 at 11:37pm | IP Logged
nice sallu-lolo pics

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Posted: 12 June 2011 at 11:49pm | IP Logged
Isnt BodyGuard coming by Year end?

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