Bombay High Court Upholds Aurum Ventures Tax Relief

A company called Aurum Ventures had its taxes checked by the government.

The government tried to add more taxes after a search in 2018, but the court said they could only do that if they found evidence that the company was hiding something.

The court looked at the documents and said nothing was hidden.

So the company keeps the money it already paid.

The court also said that once a tax decision is final, it can’t be changed unless new evidence is found.

This means Aurum won the case and the government’s extra tax claims were dropped.