₹25K Costs Imposed on Industrialist Anil Ambani for Seeking 'Urgent Hearing' in Tax Case: Bombay High Court

In a recent ruling, the Bombay High Court imposed a cost of Rs 25,000 on industrialist Anil Ambani for attempting to seek an urgent hearing of his petition against the Income Tax Department's notice issued in April 2022. The court dismissed the urgency as "artificial" and criticized the timing of the petition, which came close to the expiry of the deadline for challenging the notice. Court's Decision on the Artificial…