Bombay High Court restrains I-T department from taking coercive action against Anil Ambani
In a relief for industrialist Anil Ambani, the Bombay High Court on Friday restrained the Income Tax department from taking any coercive action against him. A division bench of Justices Gautam Patel and Neela Gokhale granted the relief to Ambani in the fresh IT notice, which sought to prosecute him under the Black Money Act …