I-T dept withdraws appeal against tax relief to KBC winner
The I-T department has withdrawn its appeal challenging a 2009 order by the Income Tax Appellate Tribunal, which waived off tax liability of the first winner of game show Kaun Banega Crorepati Harshvardhan Nawathe. The tribunal had waived off tax liability calculated at 40% on the â¹1 crore winning amount. On Wednesday, over 80 cases were withdrawn by the department.