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HC seeks AGI reply to Anil Ambani’s plea on I-T notice

The Bombay high court on Monday issued a notice to the Attorney General of India in a petition filed by industrialist Anil Ambani challenging the vires of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 under which he was asked by the Income Tax (I-T) department to explain the foreign transactions done by his firm in the years 2006-2007 and 2012
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