Relief For Anil Ambani from Bombay HC in Black Money Case

In its most recent order, the Bombay High Court directed the Income Tax Department not to take any coercive action against Reliance Group Chairman Anil Ambani under the Black Money Act. Anil Ambani is accused of concealing more than Rs 814 crore in two Swiss bank accounts and evading tax of Rs 420 crore on

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