Yash Birla wins Round 1 of a Rs 8,400-crore bout with tax department
In one of the first high-profile cases under the new Black Money law, Yashovardhan Birla has won the first round in his tussle with the Income tax (I-T) department. The money at stake was ₹8,400 crore — comprising ₹2,400 crore tax demand and ₹6,000 crore penalty — computed from peak balances in multiple offshore accounts … Read more