Rs 40,000 crore penalty for Pune billionaire Hasan Ali?

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  • Published On: February 18, 2011
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Pune-based horse-breeder Hasan Ali, accused of one of the biggest tax evasion scams in the country, has appeared before the Income Tax department in Mumbai. Hassan Ali - the man accused of multi-crore tax evasion and money laundering – may end up having to cough up an incredible penalty of Rs 40,000 crore to the tax department.

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