Huge Tax Relief For Harshad Mehta Family As ITAT Orders Deletion Of Rs.2014 Crores From Income [Read Order]

The Income Tax Appellate Tribunal, Mumbai Bench has set aside the addition of nearly Rs.2014 crores to the income of late Harshad Mehta, who was the lynch pin of the stock market scam of the 1990s.In an order passed on February 14, the Tribunal allowed the appeals contested on behalf of late Harshad Mehta by his wife Jyoti Mehta, and brother Ashwin Mehta.The subject matter was the order passed...