Bombay High Court junks tax evasion case against fashion designers Abu Jani and Sandeep Khosla | Mumbai News
Mumbai: Bombay High Court has quashed criminal proceedings initiated by the income-tax department against fashion designers Abu Jani and Sandeep Khosla over delayed payment of tax.“Mere failure to pay or delayed payment cannot be equated to wilful evasion of tax… What is required is a positive act done with knowledge and intention to evade the…