ITAT omits inadvertent observations made against Cyrus Mistry in its order

The Income Tax Appellate Tribunal (ITAT) has expunged certain strong observations made against former Tata Sons chairman, Cyrus Mistry, on his access to information with respect to Tata Trusts.

The tribunal clarified that it had inadvertently failed to mention that the information furnished by Mistry was in response to an income-tax notice.

The tribunal’s corrigendum comes after it made strong remarks against Mistry while restoring the tax exemption of the three major Tata trusts — Sir Dorabji Trust, JRD Trust and Ratan Tata Trust.

On Wednesday, the tribunal bench, presided over by Justice PP Bhatt and Pramod Kumar, said that their order of