{"id":54608,"date":"2018-10-31T16:20:38","date_gmt":"2018-10-31T10:50:38","guid":{"rendered":"https:\/\/www.legalindia.com\/news\/?p=54608"},"modified":"2018-10-31T16:20:47","modified_gmt":"2018-10-31T10:50:47","slug":"six-tata-trusts-withdraw-pleas-against-i-t-dept-notices","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/six-tata-trusts-withdraw-pleas-against-i-t-dept-notices","title":{"rendered":"Six Tata Trusts withdraw pleas against I-T dept notices"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"360\" data-attachment-id=\"54609\" data-permalink=\"https:\/\/www.legalindia.com\/news\/six-tata-trusts-withdraw-pleas-against-i-t-dept-notices\/bombay-high-court-22\" data-orig-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/10\/Bombay-High-Court.jpg?fit=800%2C450&amp;ssl=1\" data-orig-size=\"800,450\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Bombay-High-Court\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/10\/Bombay-High-Court.jpg?fit=640%2C360&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/10\/Bombay-High-Court.jpg?resize=640%2C360&#038;ssl=1\" alt=\"\" class=\"wp-image-54609\" srcset=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/10\/Bombay-High-Court.jpg?w=800&amp;ssl=1 800w, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/10\/Bombay-High-Court.jpg?resize=150%2C84&amp;ssl=1 150w, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/10\/Bombay-High-Court.jpg?resize=300%2C169&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/10\/Bombay-High-Court.jpg?resize=768%2C432&amp;ssl=1 768w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/figure>\n\n\n\n<p>\n\nSix Tata Trusts have withdrawn their petitions filed in the Bombay High Court challenging the show cause notices issued against them by the Income Tax department as to why their registrations should not be cancelled.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>The Income Tax commissioner (Exemptions) had issued notices to these six trusts on March 8 this year for alleged non-compliance of rules governing the trust funds.<\/p>\n\n\n\n<p>The notices sought to know why their registrations under Section 12A of the Income Tax Act should not be cancelled for non-compliance.<\/p>\n\n\n\n<p>Following this, the trusts, including the Navajbai Ratan Tata Trust, Jamsetji Tata Trust and the Tata Education Trust, had petitioned the high court challenging the notices.<\/p>\n\n\n\n<p>The trusts had already surrendered their tax registrations in 2015, the petitions said.<\/p>\n\n\n\n<p>In April this year, the high court had granted an interim stay on the notices and said it would hear the petitions.<\/p>\n\n\n\n<p>When the petitions came up for hearing on Monday before a division bench of Justices S C Dharmadhikari and B P Colabawalla, the trusts&#8217; lawyers sought to withdraw the pleas without assigning any reason.<\/p>\n\n\n\n<p>The request to withdraw was allowed and the petitions now stand disposed of.\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Six Tata Trusts have withdrawn their petitions filed in the Bombay High Court challenging the show cause notices issued against them by the Income Tax department as to why their registrations should not be cancelled. The Income Tax commissioner (Exemptions) had issued notices to these six trusts on March 8 this year for alleged non-compliance [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":54609,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[47741,43652,43650,43651],"class_list":["post-54608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-law-news","tag-bombay-high-court","tag-non-compliance-of-rules-governing-the-trust-funds","tag-tata-trusts","tag-tata-trusts-have-withdrawn-their-petitions"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Six Tata Trusts withdraw pleas against I-T dept notices - Legal News India - Supreme Court &amp; High Court Updates<\/title>\n<meta name=\"description\" content=\"Six Tata Trusts have withdrawn their petitions filed in the Bombay High Court challenging the show cause notices issued against them by the Income Tax - Get the latest legal news from the Supreme Court, High Courts, and government. 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Mistry and the other accused had approached the sessions court after\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2017\/12\/Cyrus-Mistry.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":51839,"url":"https:\/\/www.legalindia.com\/news\/hc-refuses-stay-sessions-court-order-quashing-summons-tata-group-chairman-cyrus-mistry","url_meta":{"origin":54608,"position":1},"title":"HC refuses to stay sessions court order quashing summons to Tata Group chairman Cyrus Mistry","author":"Legal India Admin","date":"March 8, 2018","format":false,"excerpt":"In some reprieve for ousted Tata Group chairman Cyrus Mistry, the Bombay High Court today refused to stay a sessions court order quashing a summons issued to him in a Rs 500-crore defamation suit. 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A bench headed by Chief Justice S A Bobde allowed Wadia to withdraw the petition in the apex court after the court\u2026","rel":"","context":"In &quot;High Profile Cases&quot;","block_context":{"text":"High Profile Cases","link":"https:\/\/www.legalindia.com\/news\/category\/high-profile-cases"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2020\/01\/nusli-wdia.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":56846,"url":"https:\/\/www.legalindia.com\/news\/high-court-quashes-defamation-proceedings-against-ratan-tata-others","url_meta":{"origin":54608,"position":5},"title":"High Court quashes defamation proceedings against Ratan Tata, others","author":"Legal India Admin","date":"July 22, 2019","format":false,"excerpt":"The Bombay High Court on Monday quashed proceedings initiated by a local court against Tata Sons' former chairman Ratan Tata, its current chairman N Chandrasekaran and eight directors of the firm in a criminal defamation case filed by Nusli Wadia. 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