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