Tax breaks for foreign earnings of actress

Actor Aishwarya Rai Bachchan will be given a tax exemption for income earned from stage performances abroad and modelling, as an actor, for an international watch company.

The Income Tax Appellate Tribunal (ITAT) in Mumbai passed the detailed order, which is likely to benefit many actors and sportspersons, this week.

The tribunal accepted that while performing in stage shows abroad … Read more...

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