Larger ITAT bench to hear tax demand on Tata Trust today

The hearing, in relation with a case involving a Rs 100-crore tax demand on Tata Education & Development Trust where the I-T department is insisting on at least 20% payment even if ITAT grants a stay, is keenly monitored as it will set precedent in other cases, including one concerning cancellation of six Tata Trusts licences, people in the know said.

from News-Economic Times https://ift.tt/3goeCEW