Breaking news:
Indian Sailor Dies After Drone Boat Strikes Oil Tanker Near Oman | Khamenei’s Wife Dies From Injuries Two Days After Iran Leader’s Killing | “Got Him Before He Got Me”: Trump on Khamenei’s Death in US-Israel Strikes
Logo

Shah Rukh Khan Wins Tax Dispute Against Income Tax Department

The Income Tax Appellate Tribunal ruled in favor of Shah Rukh Khan, dismissing the reassessment of his 2011-2012 tax filings related to RA One 

09-03-2025
image
   

Actor Shah Rukh Khan has won a significant legal battle against the Income Tax authorities, with the Income Tax Appellate Tribunal (ITAT) ruling in his favor.

The case revolved around the taxation of his 2011 film, RA One.

The Income Tax Department had disputed Khan’s reported earnings of ₹83.42 crore for the financial year 2011-2012, rejecting his request for foreign tax credit on taxes paid in the UK. Over four years later, the department reassessed his tax liability, raising it to ₹84.17 crore.

However, the ITAT determined that the reassessment was not legally justified. According to the tribunal, the tax officials did not present "any fresh tangible material" that would warrant reopening the case beyond the statutory four-year limit.

Since the issue had already been reviewed during the initial assessment, ITAT concluded that the reassessment was invalid on multiple legal grounds.

Under Khan’s agreement with Red Chillies Entertainment, 70% of the film’s shooting was conducted in the UK, making the same proportion of his income taxable there. The Income Tax Department argued that this arrangement resulted in a revenue loss for India and, as a result, denied his foreign tax credit claim.

The ITAT’s decision marks a major relief for the Bollywood star in his long-standing tax dispute.

Image

Britney Spears Arrested in California on Suspicion of DUI, Released Hours Lat

Pop star Britney Spears was briefly taken into custody in Ventura County on suspicion of driving und

Read More
Image

Sachin Tendulkar Hosts Lavish Pre-Wedding Celebration for Son Arjun Ahead of

Family, cricketers and political leaders gathered in Mumbai as the Tendulkars celebrated Arjun Tendu

Read More
Image

PM Narendra Modi Sends Warm Wishes as Vijay Deverakonda and Rashmika Mandanna

The Prime Minister congratulates the star couple and their families ahead of their grand February 26

Read More