ITAT rules in Shah Rukh favour, quashes reassessment process | India News – The Times of India
MUMBAI: Superstar Shah Rukh Khan secured a significant victory as the Income Tax Appellate Tribunal (ITAT) ruled in his favour, quashing reassessment proceedings and order initiated by the tax authorities for the 2011-12 financial year.Against an income of Rs 83.42 crore declared by the actor in his income-tax (I-T) return, the tax officer denied his…