Vodafone Concept Ltd. has filed a recent petition earlier than the Supreme Court docket, searching for waiver of penalty and curiosity on adjusted gross income demand of Rs 9,450 crore, sources instructed NDTV Revenue on Monday.
The apex courtroom will resolve on the admission of the newest plea filed by the cash-strapped telecom agency.
This comes forward of the scheduled Oct. 6 listening to earlier than the highest courtroom, on a petition moved by the telco towards the duplication of AGR dues.
The corporate had earlier petitioned the apex courtroom, difficult the extra AGR demand of Rs 9,450 crore issued by the Division of Telecommunications, which was pending till the monetary 12 months 2019. Nevertheless, the listening to for this was deferred by the Supreme Court docket to Oct. 6.
The telecom operator has argued that the demand goes past the scope of the apex courtroom’s earlier ruling on AGR liabilities, as per experiences. Of the entire dues, Rs 2,774 crore pertains to the post-merger Vodafone Concept entity, whereas Rs 5,675 crore pertains to liabilities of the pre-merger Vodafone Group.
Solicitor Basic Tushar Mehta who appeared on behalf of the federal government earlier this month, stated the telecom division requires extra time to current its aspect of the case.
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