Mumbai:
Hasan Ali, the biggest tax evader in the country, has submitted reply to the Income Tax department in connection with the showcause notice issued to him.
Income Tax department sources have told NDTV that Hasan Ali has challenged the Rs 70,000 crore penalty slapped on him.
The reply was filed on Tuesday by Hasan Ali's chartered accountant.
Ali has also asked for a one month extension to the tribunal hearing that was slated to take place on March 23. Hasan's CA said that they have not been able to prepare their case because of the Enforcement Directorate (ED) proceedings and the Supreme Court hearing.
Last week, a Mumbai court had rejected the Enforcement Directorate's request for Mr Khan's custody for 14 days and granted him bail. The judge said that the agency has not presented enough evidence to back claims that Mr Khan is linked to money-laundering.