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Ash won't get tax exemption, says I-T dept

Does an Indian actor's endorsement or promotion of a product abroad amount to acting and should it get him or her exemption under the Income Tax (I-T) Act? Though the I-T department says no, actress Aishwarya Rai's chartered accountants are claiming the opposite.

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Does an Indian actor's endorsement or promotion of a product abroad amount to acting and should it get him or her exemption under the Incomeu00a0 Tax (I-T) Act? Though the I-T department says no, actress Aishwarya Rai's chartered accountants are claiming the opposite.

In fact, they secured an adjournment at the tax appellate tribunal recently and will be arguing on the issue in March, according to a Times of India report.u00a0

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