Tata Trusts contest income-tax dept’s move to reopen assessment - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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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.

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