IT moves SC with a tax demand of Rs. 4,800 crore from Sahara

The Income Tax Department has approached the Supreme Court with a tax demand worth Rs 4,800 crore against Sahara

The demand is for the last three years.

Sahara chief Subrata Roy has been held in Delhi’s Tihar jail since March 4 after failing to appear at a contempt hearing in a long-running legal battle between his group and market regulator Securities and Exchange Board of India (Sebi).

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