Mumbai, April 26, 2018: The Bombay High Court today stayed Income Tax department notices to six Tata Trusts to show cause why their registration, under Section 12A of the Income-tax Act, should not be cancelled.
Issuing the interim stay, a bench, comprising Justice M.S. Sanklecha and Justice S.K. Shinde, asked the IT authorities to file a reply on their jurisdiction, in the first place, to issue such a showcause notice.
Arguing for the Tata Trusts, Mr. Darius J. Khambata submitted that the six Trusts concerned themselves had surrendered their tax registrations way back in 2015.
The matter pertains only to registrations of the Trusts under the Income Tax Act. The Trusts continue to be registered with the Charity Commissioner for carrying out charitable activities.
The matter will next be heard on 15th June 2018.
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