Tata Trusts must introspect on more scrutiny by govt. bodies: Cyrus Mistry

TIL Desk/Business/Mumbai/ SP Group chief Cyrus Mistry on Thursday said that instead of seeking to blame him at every turn, the Trustees of the Tata Trusts must introspect why they have deviated, leading to a greater scrutiny on their operations by the various government bodies.

“We note that the Income Tax Appellate Tribunal has issued a corrigendum on its own, to correct the wild personal allegations made against Mr Mistry that formed part of its order dated 28 December, in proceedings where Mr Mistry was not even a party,” a statement from Mistry’s office said. The corrigendum states “inadvertent errors” had crept into the order involving Tata Trusts.

“The reversal of these comments acknowledges that information sent by Mr Mistry to the Deputy Commission of Income Tax (DCIT) had been in response to a specific summons, conduct that is expected of any law-abiding person. This acknowledgement by the ITAT corroborates the submissions in this regard put forward by the SP Group before the Supreme Court, and is one step towards the vindication of truth and justice,” it said.