Tuesday, March 11, 2025

Shah Rukh Khan wins tax battle as ITAT dismisses case over RA.One earnings

On-screen character Shah Rukh Khan has risen triumphant in a long-standing charge debate, with the Salary Charge Re-appraising Tribunal (ITAT) administering in his favor. The tribunal as of late suppressed reassessment procedures started by the Wage Charge specialists for the monetary year 2011-12. 


Background of the Shah Rukh Khan Assess Case


The case spins around Shah Rukh Khans pay from his 2011 film RA.One, created beneath his standard, Ruddy Chillies Amusement. As per the understanding between Khan and the generation house, 70% of the films shooting took put in the UK, meaning a considerable parcel of his remuneration estimated at Rs 83.42 crores was subject to UK charges, counting withholding charge. Khan announced this pay in his unique assess return for the Appraisal Year 2012-13, claiming a Outside Charge Credit (FTC) to counterbalanced charges paid overseas against his Indian charge risk. 


However, the Salary Assess officer rejected Khans FTC claim, reassessing his wage at Rs 84.17 crore and charging underpayment of charge. The reassessment, started past the four-year statutory restrain beneath Segment 147 of the Pay Assess Act, started a lawful fight that has presently concluded with the ITATs administering. 


ITATs Administering: A Triumph for Shah Rukh Khan

The ITAT seat, comprising Sandeep Singh Karhail and Girish Agrawal, ruled that the reassessment procedures were invalid. The tribunal clarified that the surveying officer fizzled to give fresh substantial material to legitimize reviving the case after the statutory due date. Besides, the seat famous that Khan had completely uncovered his remote salary and charge credits in his unique recording, which had as of now been scrutinized beneath Segment 143(3). This made the reassessment a case of mere alter of opinion, rendering it lawfully unjustified. 


On the other hand, SRK has not freely commented on the administering as of Walk 10, 2025. Talking of the proficient front, he was final seen in Dunki, a 2023 discharge coordinated by Rajkumar Hirani. The film moreover highlights Taapsee Pannu. The on-screen character will be following seen in Siddharth Anands Ruler.

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