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Income Tax Appellate Tribunal Revokes Penalty on Jamsetji Tata Trust - (29 Oct 2020)

DIRECT TAXATION

Income Tax Appellate Tribunal (ITAT) has revoked a Rs. 37 Crores penalty imposed on the Jamsetji Tata Trust by the income tax department, rejecting its contention that the assessee had concealed income.

Tags : INCOME TAX APPELLATE TRIBUNAL   JAMSETJI TATA TRUST  

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