Relief to Anil Ambani from High Court in black-money case: IT department’s punitive action stayed, there was an allegation of tax evasion of ₹ 420 crore
New Delhi2 hours ago copy link The Bombay High Court has ordered the Income Tax (IT) Department not to take any punitive action against Reliance Group Chairman Anil Ambani under the Black Money Act. The IT department has accused Ambani of tax evasion of Rs 420 crore on undisclosed funds of more than Rs 814…