Tata Communications challenges DoT’s ₹991 crore licence fee demand
By MYBRANDBOOK
Tata Communications has challenged Telecom Department's ₹ 991.5 crore licence fee demand pertaining to past years. The Department of Telecom (DoT) in its demand letter dated August 8, 2023, has raised certain license-fee demands of ₹ 991.54 crore pertaining to FY 2006-07 for international long-distance and internet service provider and FY 2007-08 for NLD, ILD and ISP).
"These demands have been challenged by the company before...TDSAT (Telecom Disputes Settlement and Appellate Tribunal), wherein after hearing both the parties, ...TDSAT, vide its order dated 14 August 2023 received by the company on 17 August 2023, has directed DoT not to take any coercive action till the next hearing," Tata Communications said in a BSE filing.
The company also said it has already included the amount in dispute as part of the notes to accounts in the quarterly financial results for the June 2023 quarter.
"This has already been considered as part of contingent liabilities for the quarter ended 30 June 2023," the filing said.
BREAKING NEWS
TECHNO TRENDS
Legal Battle Over IT Act Intensifies Amid Musk’s India Plans
The outcome of the legal dispute between X Corp and the Indian government c...
Wipro inks 10-year deal with Phoenix Group's ReAssure UK worth
The agreement, executed through Wipro and its 100% subsidiary,...
Centre announces that DPDP Rules nearing Finalisation by April
The government seeks to refine the rules for robust data protection, ensuri...
Home Ministry cracks down on PoS agents in digital arrest scam
Digital arrest scams are a growing cybercrime where victims are coerced or ...
E-Magazine
TECHNOTAINMENT
MOVERS & SHAKERS
OPEN YOUR EYES
INTERVIEWS
HOT PICK
MAKE IN INDIA BRANDS
EMINENT CIO'S OF INDIA
ICONS OF INDIA
Icons Of India : PRATIVA MOHAPATRA
Prativa is a transformational leader with an incredible breadth of exp...
Icons Of India : Arundhati Bhattacharya
Arundhati Bhattacharya serves as the Chairperson and CEO of Salesforce...
PARTNER SPEAKERS
PSU
CERT-IN - Indian Computer Emergency Response Team
CERT-In is a national nodal agency for responding to computer security...
PFC - Power Finance Corporation Ltd
PFC is a leading financial institution in India specializing in power ...
VIDEOS
Top 25 Brands
Global Indian industry
Indian Tech Talent Excelling The Tech World - George Kurian, CEO, Netapp
George Kurian, the CEO of global data storage and management services ...
Indian Tech Talent Excelling The Tech World - PADMASREE WARRIOR, Founder, President & CEO - Fable
Padmasree Warrior, the Founder, President, and CEO of Fable, is revolu...
Indian Tech Talent Excelling The Tech World - Dheeraj Pandey, CEO, DevRev
Dheeraj Pandey, Co-founder and CEO at DevRev , has a remarkable journe...
ITFORUM 2025
CMO of the Year
WOMEN LEADERSHIP
IMAGE GALLERY
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
of images belongs to the respective copyright holders
