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Big relief for Aishwarya Rai Bachchan: Actress wins Rs 4 crore tax battle against...

Aishwarya Rai Bachchan won a Rs 4 crore tax case against the Income Tax Department, with the Income Tax Appellate Tribunal (ITAT) Mumbai ruling in her favour. The actress had declared a total income of Rs 39 crore for the Assessment Year 2022-23, and had investments in tax-free assets worth Rs 449 crore. However, her tax case came under scrutiny, and she was served a notice from the Income Tax Department. Although she provided clarifications, the tax assessing officer rejected some expenses related to exempt income, citing Section 14A.