Tag: contingent liability

Indus Towers reduces contingent liability by ₹3,500 crore after ITAT ruling – CNBC TV18

[ad_1] Indus Towers Limited has secured a favorable ruling from the Income Tax Appellate Tribunal (ITAT) regarding the denial of depreciation on assets received during its merger with Bharti Infratel. The company’s announcement confirmed that the ITAT has ruled in its favour, dismissing the tax department’s objections to the depreciation claims on merged assets. This […]

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