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Home » SC pulls up Centre, telecos for AGR self assessment

SC pulls up Centre, telecos for AGR self assessment

PTIBy PTIMarch 18, 2020No Comments
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New Delhi: The Supreme Court today pulled up the Centre and telecom companies for doing self-assessment or reassessment of the Adjusted Gross Revenue (AGR) dues fixed by the apex court in its verdict given on 24 October last year.

The top court, which was also anguished by frequently published newspaper articles on the AGR issue, said all Managing Directors of telecom companies will be personally responsible and will be held for contempt of court for any such future newspaper articles.

A bench of Justices Arun Mishra, S A Nazeer and M R Shah refused to take up the Centre’s plea for allowing telecom companies to pay AGR dues in 20 years, saying the application will be taken up after two weeks.

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