IT department said, “He intentionally did not disclose his foreign bank account details and financial interests with Tax Authorities of India” Mumbai: The Bombay High Court has directed the Income Tax department not to take any coercive action against Reliance Group Chairman Anil Ambani till November 17 on a showcause...
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IT department said, “He intentionally did not disclose his foreign bank account details and financial interests with Tax Authorities of India” Mumbai: The Bombay High Court has directed the Income Tax department not to take any coercive action against Reliance Group Chairman Anil Ambani till November 17 on a showcause...
The post appeared first on .
New Delhi [India], December 23 (ANI): A Special Income Tax Court on Wednesday suspended a look out circular (LOC) issued by the Income Tax Department against Indian Business Tycoon Samir Modi and patriarch of the USD 1.2 billion Modi Group who has been alleged to be avoiding huge tax liability and further has been alleged to be involved in offences under Black Money Act for holding undisclosed foreign assets.
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