Mumbai: Income Tax Department, after an investigation aided by information received from agencies in several countries, has served notices to members of the Mukesh Ambani family under provisions of the 2015 Black Money Act, Indian Express reported.
Notices were served on March 28, 2019 in the names of Mukesh Ambani’s wife Nita Ambani and their three children for their alleged “undisclosed foreign income and assets”, it reported.
The I-T probe began after the government received details of an estimated 700 Indian individuals and entities holding accounts in HSBC Geneva in 2011.
Company through its spokesperson has denied all the charges and receiving any notice.
