« Top Headlines » Open DEMAT Account in 24 hrs  ITR Filing 2025: These individuals are exempt from paying tax. Do they need to file returns?  Full List Of Trump's Reciprocal Tariffs Announced Wednesday  Top 5 tax-saving investment options for salaried individuals to consider before March 31, 2025  5 lesser lesser-known avenues of tax saving you can use to save income tax before March 31, 2025  March 15 is deadline for last advance tax installment: Know if you must pay «  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.