SEARCHED FOR:JAMSETJI TATA
ITAT rules in favour of Jamsetji Tata Trust, revokes the penalty imposed by Income Tax department
In 2018, the said Trust had filed an appeal against the order passed by the Commissioner of Income Tax (Appeals)-5, Mumbai relevant to the A.Y. 2010-11. The assessee had claimed exemption u/s 11 of the It Ac and declared total income to the tune of nil.
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Rural economy can be a starting point for revival for India: Ratan Tata
"We have to rekindle hope, the feeling that we have good tidings to l...
Here's what Ratan Tata said after announcing Rs 500 cr donation to fight Covid-19
The Tata Trusts Chairman took to Twitter to announce 'the need of the hour'.
Income tax department cancels registration of six Tata Trusts
CAG noted that the I-T dept had given "tax exemptions" to them, resulting in Rs 1,066 cr escaping tax.
Tata Trusts contest income-tax dept’s move to reopen assessment
The dispute dates back to 2013 when the Comptroller & Auditor General pointed out that Jamsetji Tata Trust and Navajbai Ratan Tata Trust had invested Rs 3,139 crore in “prohibited modes of investment.” Tata Trusts have contested the reopening.
Six Tata trusts to challenge tax department order in tribunal
Six Tata trusts had their registrations cancelled & will now challenge the order before ITAT.
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The four weeks, which the NCLAT has allowed for an appeal before the SC, perhaps present an opportunity.
Tata Trusts forced to give up registration in 2015: Taxman
The tax department’s submission in the court had come in response to a writ petition filed by one of the trusts, Jamsetji Tata Trust, which had challenged the department’s move to cancel the registrations, claiming that they had themselves surrendered the registrations in 2015.
Don't need tax breaks to pursue charity: Tata Trusts
Will have to cease operations if forced to pay tax and arrears, said one of the six trusts.
Income tax department denies relief to Sir Dorabji Tata Trust
The matter concerns Rs 2.5 crore paid as salary to the managing trustee R Venkataramanan by the trust for the assessment year 2015-16.
6 Tata Trusts withdraw tax petition in HC
In April, the Trusts, through their trustees including Ratan Tata, had moved the court against the Principal I-T Commissioner, challenging a show-cause notice that sought to cancel the Trusts’ licences for tax exemptions.
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Srinivasa Adepalli prefers reading fiction on his iPad.
Tata Groups reopens iconic Bombay House after renovations
The four floors of the building house offices of major Tata organisations. The historic boardroom on the fourth floor has been restored with only technology being a new addition.
Indian Hotels Company adds 24 hotels to portfolio so far this fiscal: CEO
Tata group hospitality arm Indian Hotels Company (IHCL) has added a significant number of properties to its portfolio through management contracts this financial year and will continue to scout for larger properties, including iconic assets going ahead.