Tata Steel Ltd

Tata Steel Legal & Regulatory

Tata Steel received a favourable order from the Income Tax Appellate Tribunal for FY2009, reducing its contingent tax exposure by approximately Rs. 427 crore.

Tata Steel Legal & Regulatory

Tata Steel received a favourable tax order for FY2009, reducing its contingent tax liability by approximately ₹427 crore. This follows an earlier relief for FY2008.

Value

₹427.0 Cr

Tata Steel Legal & Regulatory

Tata Steel obtained an interim order from the Calcutta High Court restraining JPC from utilizing the Rs. 2,970 crore deposited by the company pending appeal.

Tata Steel Legal & Regulatory

Tata Steel updated the exchange on a legal matter regarding SDF loans. The Calcutta High Court has directed that the disputed ₹2,970 crore shall not be utilized.

Value

₹2,970 Cr

Tata Steel Legal & Regulatory

The Supreme Court issued notice to Tata Steel regarding Special Leave Petitions filed by the State of Odisha challenging a previous mining litigation judgment.

Tata Steel Legal & Regulatory

The Supreme Court quashed a Rs. 1,781.04 Crore tax demand and penalty against Tata Steel Ltd. The order sets aside prior GST notices and adjudicating orders.

Value

₹1,781 Cr

Tata Steel Legal & Regulatory

Tata Steel received a hearing notice from the Supreme Court following Odisha State's appeal against a High Court order. The High Court had quashed mining demands totaling ₹4,313.62 Crore.

Value

₹4,314 Cr

Tata Steel Legal & Regulatory

Tata Steel Limited received a stay order from the Revisional Authority against a ₹1,755.11 Crore mining demand. No coercive action will be taken during the proceedings.

Value

₹1,755 Cr

Tata Steel Legal & Regulatory

Tata Steel reported that a tax litigation writ petition concerning a ₹25,185.51 crore loan waiver reassessment has been restored by the Bombay High Court.

Value

₹25,186 Cr

Tata Steel Legal & Regulatory

Tata Steel's Dutch subsidiary, TSIJ, faces prosecution for alleged pollution at its IJmuiden plants. The company considers the criminal proceedings unjustified and will present a defence.

Tata Steel Legal & Regulatory

Tata Steel faces a GST department appeal seeking to reinstate a ₹368.72 Crore penalty. The company will contest the appeal, noting the matter remains sub judice.

Value

₹368.7 Cr

Tata Steel Legal & Regulatory

Tata Steel is contesting a GST demand of ₹100.75 Crore. The matter is currently sub judice before the High Court of Jharkhand.

Value

₹100.8 Cr

Tata Steel Legal & Regulatory

The Supreme Court granted a stay on proceedings regarding a ₹890.52 Crore GST demand against Tata Steel Limited. This legal update provides significant interim relief.

Value

₹890.5 Cr

Execution

Stay granted until next hearing

Tata Steel Legal & Regulatory

Tata Steel Limited received a favorable judgment from the Orissa High Court quashing demand notices totaling ₹4,313.62 Crore. The demands related to alleged mineral dispatch shortfalls at the Sukinda Chromite Block. The court ruled that certain penal provisions cannot be applied retrospectively, significantly reducing the company's potential liability.

Value

₹4,314 Cr

Tata Steel Legal & Regulatory

Tata Steel Limited has filed a Revision Application challenging a ₹1755.11 Crore demand notice from the District Mining Office, Jharkhand. The demand alleges excess coal extraction at the West Bokaro Colliery between FY2001 and FY2007. The company believes the demand lacks justification and is seeking relief from the Ministry of Coal's Revisional Authority.

Value

₹1,755 Cr

Tata Steel Legal & Regulatory

Tata Steel received a ₹1,755.11 Crore demand notice from the Jharkhand District Mining Office regarding alleged excess coal extraction between FY 2001-07. Management believes the claim lacks merit and intends to pursue legal remedies. Investors should note this significant contingent liability and potential for prolonged litigation.

Value

₹1,755 Cr