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![Setback to Watanmal Boolchand: Madras High Court upholds Reassessment [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/05/Watanmal-Boolchand-Madras-High-Court-reassessment-taxscan.jpg "Setback to Watanmal Boolchand: Madras High Court upholds Reassessment [Read Judgment]")
Setback to Watanmal Boolchand: Madras High Court upholds Reassessment [Read Judgment]
The Madras High Court upheld the reassessment against a Hongkong-based company, Watanmal Boolchand as prima facie the case of ‘Business Connection’...