Parliamentary panel says Tata trust broke laws to get income-tax exemption

According to the panel, construction of "Tata Hall" in Harvard did not amount to charity

A parliamentary panel has rapped a Tata trust for allegedly misusing laws to get income-tax (I-T) exemption for its $100-million grants to Harvard Business School and Cornell University projects. 

It recommended setting up a group by the I-T department to probe these supposed infringements by the trust.

In its action taken report submitted in Parliament on Thursday, the Public Accounts Committee (PAC) said, “The committee, therefore desires that an expert group under the income tax department may be constituted to look into violations committed by the Tata Trusts afresh, with a view to devising a procedure for proper and systematic