I-T dept acted as per law in CCD promoter Siddhartha case: Sources

I-T dept has acted as per law in its probe against Cafe Coffee Day (CCD) promoter VG Siddhartha, official sources said, after a letter purportedly written by him accused tax authorities of harassment. Siddhartha fetched Rs 3,200 crore from the sale of Mindtree shares, but paid only Rs 46 crore out of total Rs 300 crore minimum alternate tax (MAT) payable on the deal

from Times of India https://ift.tt/2GEISw2