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21May 2024

SUPREME COURT WAIVES INTEREST ON TELCOS’ LICENSE FEE INCOME TAX DUES

Why in the news? The Supreme Court waived off interest on income tax dues for telecom service providers like Bharti Airtel, Reliance, and Vodafone Idea. The waiver stemmed from a judgment on October 16, 2023, declaring telecom license fees as “capital in nature”. The Bench considered the Telecom Policy from 1999 and the lapse of …

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23Apr 2024

SC TO CONSIDER CENTRE’S PLEA FOR SPECTRUM ADMINISTRATIVE ALLOCATION.

Why in the news? The Supreme Court agrees to discuss administrative spectrum allocation following the Union government’s plea, potentially impacting distribution policies. source:eduprep About Supreme Court’s Decision: The Supreme Court has accepted the Union government’s plea to discuss the administrative allotment of certain spectrum classes, rather than using competitive auctions. Attorney General R. Venkataramani presented …

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