T 1055 -On the Advance Tax matter out in BT .. one fact that was not highlighted .. Highest Individual Tax Payer for Central-Mumbai is AB !
T 1055 -Feel honoured that the IT Dept., felicitated me on paying highest tax..ever grateful, gentlemen ! And thank you for your hospitality
T 1055 - In the overall advance tax ratings it was - Akshay, AB, Salman, SRK, Aamir .. in that order .. EcoTimes had forgotten to include me
T 1055 - In IT there is the Local section and the Central .. Local is assessed in city, Central from Delhi. I have been in Central for 30yrs
T 1055 -Central assessment done to secure greater scrutiny-a venture to keep a closer eye on you. Doubt if any other artist is Central ..
T 1055 - No issues with being scrutinised through Central .. must follow the dictat and law of the land ..!!
T 1055 - No..! I do not think their was error from EcoTimes. They were putting a story to show Khans had been overtaken by Akshay in AdvTax
T 1055 - Merely explaining this to the Ef that wonder what this is all about ..its no big deal ! Have been felicitated earlier too !
T 1055 -But yes .. honestly pay taxes on what you earn, and avoid the pressures of investigation !
T 1055 - I shall be paying 37cr approx for this year .. and cumulative for family 52cr approx .. info for Ef who wonder WTHTIAA !!..
T 1055 - WTHTIAA : What the heck this is all about !!
T 1055 -Yet, may I say, that there is provision in Act and Law of IT, that allows you to challenge an assessment ..
T 1055 -Not the case of 'big money, pay big' .. in a free country there are no boundaries to earning, but what is important pay relevant tax
T 1055 - When I appear late night, grudge .. when I appear early morning, grudge !! Any suggestions for a mid meet !!
T 1055 - In the morning I had written about my Tax Returns .. this the press cuttings for same .. (cont) https://tl.gd/n_1rjceia
T 1055 - Morning had been spent in explaining the IT matter .. here is what I was trying to say .. https://twitpic.com/cdi4p1
Amitabh Bachchan overtakes Khans as advance tax payer this quarter
He's clearly ahead of the three Khans. Bollywood legend Amitabh Bachchan has been declared the individual highest Advance Tax Payer in Central Charge -- Mumbai — for the financial year 2012-2013. The actor has paid 25 crore as advance tax.
A couple of days ago, a segment of the media had reported that the top advance tax payer — among Bollywood actors — for March 2013 is Akshay Kumar (18 cr) followed by the three Khans. The media reports missed out the fact that Amitabh Bachchan (12 cr) is next to Akshay (for this quarter), followed by Salman Khan (approximately 11 cr), Shah Rukh Khan (10-plus crore), and then Aamir Khan (8 crore).
Our source says, "In this financial year, the tax payment from Amitabh Bachchan will be 37 crore plus. The cumulative tax paid by the Bachchans, including Abhishek Bachchan and Aishwarya Rai Bachchan, will be 51 crore."
Our source also added that Income Tax department officials met Big B at their Marine Lines office to congratulate him for being the highest tax payer in Central Charge.
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