« Top Headlines » Open DEMAT Account in 24 hrs  Tax planning for 2025: How to maximise your savings before March 31 deadline  New income tax bill reaches Parliament: Finance Minister Nirmala Sitharaman tables I-T Bill 2025 in Lok Sabha  5 major changes in the last 6 months every taxpayer should know!  Good news for taxpayers: ITR forms updated to allow 87A tax rebate claims, but there's a catch  Top 10 income tax changes from 2024 to look out for while filing ITR in 2025 «  India comes out merciful on tax misery index... Triangular taxation: Concept & challenges... » RIL, Tata Motors, others under-assessed: CAG May, 15th 2007 Top corporate houses and banks including Reliance Industries, Bank of Baroda, Coca Cola and Tata Motors were under-assessed by tax authorities, resulting in less tax collection of more than Rs 1,054 crore. RIL was under-assessed resulting in lower tax collection of Rs 376.17 crore for the assessment year 2002-03, the latest report of Comptroller and Auditor General of India for March 2006 has said. In case of Tata Motors, the omission resulted in a short levy of tax by Rs 261.13 crore, the report said, adding the Department has accepted the mistake and took remedial action.