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Ratan Tata. File
| Photo Credit: SHASHI ASHIWAL
It also censured former Tata Sons Chairman Cyrus Mistry for supplying documents to the Tax Department soon after his unceremonious exit.
The Income Tax Appellate Tribunal (ITAT) has upheld the tax-exempt status of three Tata Group trusts, quashing a revision order of the Income Tax Department that sought to cancel tax exemption on grounds that they held shares of Tata Sons.
It also censured former Tata Sons Chairman Cyrus Mistry for supplying documents to the Tax Department soon after his unceremonious exit as the head of the salt-to-software group.
The ITAT’s Mumbai Bench comprising its President Justice P P Bhatt and Vice President Pramod Kumar passed three separate orders on December 28, upholding the tax-exempt status of Ratan Tata Trust, JRD Tata Trust and Dorabji Tata Trust.
Tax tribunal upholds tax-exempt status of Tata Trusts; censures Mistry hindustantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hindustantimes.com Daily Mail and Mail on Sunday newspapers.
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BY: Ekwow Spio-Garbrah
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Ghana’s 2020 national and parliamentary elections have been held, but key aspects are disputed. All over Ghana, and even internationally, many Ghanaians are engaged in accusations and counter-accusations regarding aspects of the elections.
Some major international organisations should wade in to help forestall any post-electoral violence; Parliament has resumed its sittings, aware that many among the leadership will never come back to the House.
Election petitions are likely to be filed soon. Parliament is the new battleground. Meantime, there are some loud messages that the Ghanaian voters sent to the leadership class in Ghana, which we hope is not being missed above the din.