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Income Tax dept examines foreign contribution sought by Tata trust

The requisition was made after the Navajbai Ratan Tata Trust had given up Trust status in February 2015

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Shrimi Choudhary New Delhi
The income-tax (I-T) department is examining the foreign contributions sought by the Navajbai Ratan Tata Trust (NRTT)  as a non-profitable entity in December 2015, even after the Trust offered to surrender its charitable trust status earlier that year. The NRTT is among the six Tata Trusts that had their registrations cancelled by the I-T department in October.

The Trust had made an application on December 10, 2015, under Section 11 (1) of the Foreign Contribution Regulation Act (FCRA), for acceptancing foreign contributions by an association having a definite cultural, economic, educational, religious or social programme. This requisition was made after