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Telecom cos. will have to pay interest and penalty as per its earlier judgement: Apex Court

March 19, 2020[2020] 115 taxmann.com 320 (SC)
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COMPANY LAW/INDIAN TELEGRAPH ACT : Serious kind of violations having been committed by telecom companies, adjusted gross revenue dues including interest and penalty, as finally settled by Supreme Court in its earlier judgment could not have been interfered with. There is no authority with any company to enter into self assessment/re-assessment and to reopen dues finally settled. Hence, dues had to be paid as affirmed

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