March 3 (Reuters) - India Resources Ltd (IRL) : Swan Gold...

March 3 (Reuters) - India Resources Ltd (IRL) :

• Swan Gold Mining Limited has successfully appealed to tax tribunal against the Indian tax office's assessment
• Says tax tribunal held that there was no taxable income on the basis of the circular released by the central board of direct taxes
• Says "assessment of a 441m inr ($9.2M) tax liability for the 2010/11 financial year"
• Says under the deed of appointment with Swan, Irl agreed to indemnify Swan from all liabilities relating to the surda work order
• Ito has now released a draft assessment order against Swan for the 2012/13 financial year