News
A case of tax overreach
- Date:
- May 15, 2019
- Source:
- Business Line
The Centre’s revenues are not growing fast enough, and that’s perhaps leading to more aggressive action by taxmen in recent months. Recently, the GST authorities issued a notice to Tata Sons on its payout to NTT Docomo under an arbitration award. Docomo, Tata’s erstwhile partner, had written in an exit clause at a pre-determined price, that if certain operating conditions weren’t met, Tata Sons ei…