In a setback for industrialist Anil Ambani, the Bombay High Court recently imposed a cost of Rs 25,000 on him for seeking an urgent hearing of his petition challenging the April 2022 notice issued to him by the Income Tax Department.A division bench of Justices Mahesh Sonak and Jitendra Jain said it cannot consider the 'artificial urgency' made up by Ambani, who urged the judges to urgently...
