Tata Trusts\u2019 2015 move to \u201csurrender\u201d registrations that gave them tax exemptions was \u201cnot voluntary\u201d, the Income-Tax Department had told the Bombay High Court in August 2018. The department claimed that the trusts were \u201cforced\u201d to surrender the registrations after an I-T appellate authority<\/p>\n\n\n\n
Tata Trusts\u2019 2015 move to \u201csurrender\u201d registrations that gave them tax exemptions was \u201cnot voluntary\u201d, the Income-Tax Department had told the Bombay High Court in August 2018.<\/p>\n\n\n\n
The department claimed that the trusts were \u201cforced\u201d to surrender the registrations after an I-T appellate authority order in March 2014 \u201cestablished\u201d tax violations by them.<\/p>\n\n\n\n
The tax department\u2019s 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\u2019s move to cancel the registrations, claiming that they had themselves surrendered the registrations in 2015.<\/p>\n\n\n\n
Justifying its move to seek cancellation of registrations, the tax body had told the court that Tata Trusts \u201cwere left with no other option\u201d but to surrender following the appellate authority\u2019s ruling over various violations for the 2010-11 assessment year. ET has seen the department\u2019s 2018 response, which has not come in the public domain so far.<\/p>\n\n\n\n
In October 2019, the tax department cancelled registrations of six Tata Trusts \u2014 Jamsetji Tata Trust, RD Tata Trust, Tata Education Trust, Tata Social Welfare Trust, Sarvajanik Seva Trust and Navajbai Ratan Tata Trust.<\/p>\n\n\n\n
Tata Trusts in a statement at the time said the cancellation order was \u201ca culmination of the decision taken by these six trusts in 2015 to surrender, of their own volition, their registration under the I-T Act and to not claim the associated tax exemptions.\u201d Tata Trusts had withdrawn the writ petition in the high court a year earlier, in October 2018.<\/p>\n\n\n\n
The Income Tax Appellate Tribunal (ITAT) order, referred to by the I-T department in its response to the court, was passed on March 23, 2014. The department\u2019s affidavit, filed by principal commissioner of income tax, Mumbai, Lekha Kumar, claimed that Jamsetji Tata Trust \u201citself agreed that decision to given up benefits was based on ITAT\u2019s decision\u201d in its case. \u201cSo, the surrender is not voluntary,\u201d it said.<\/p>\n","protected":false},"excerpt":{"rendered":"
Tata Trusts\u2019 2015 move to \u201csurrender\u201d registrations that gave them tax exemptions was \u201cnot voluntary\u201d, the Income-Tax Department had told the Bombay High Court in August 2018. The department claimed that the trusts were \u201cforced\u201d to surrender the registrations after an I-T appellate authority Tata Trusts\u2019 2015 move to \u201csurrender\u201d registrations that gave them tax […]<\/p>\n","protected":false},"author":1,"featured_media":93,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-94","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-laws"],"_links":{"self":[{"href":"https:\/\/dev.csrvoice.com\/index.php\/wp-json\/wp\/v2\/posts\/94","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.csrvoice.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.csrvoice.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.csrvoice.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.csrvoice.com\/index.php\/wp-json\/wp\/v2\/comments?post=94"}],"version-history":[{"count":1,"href":"https:\/\/dev.csrvoice.com\/index.php\/wp-json\/wp\/v2\/posts\/94\/revisions"}],"predecessor-version":[{"id":811,"href":"https:\/\/dev.csrvoice.com\/index.php\/wp-json\/wp\/v2\/posts\/94\/revisions\/811"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev.csrvoice.com\/index.php\/wp-json\/wp\/v2\/media\/93"}],"wp:attachment":[{"href":"https:\/\/dev.csrvoice.com\/index.php\/wp-json\/wp\/v2\/media?parent=94"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.csrvoice.com\/index.php\/wp-json\/wp\/v2\/categories?post=94"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.csrvoice.com\/index.php\/wp-json\/wp\/v2\/tags?post=94"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}