Thursday 13 December 2012

Tax notices to telecom companies

Major telecom companies such as Bharti Airtel, MTNL, Vodafone and Reliance Communications have evaded property tax payments prompting the South Delhi Municipal Corporation on 13 December to slap notices against them for non-payment of taxes for towers installed on buildings or vacant plots.
The civic body is targeting at bringing all the 2,000 existing cell towers under the tax net. A “tower” includes TV tower, cable tower, telecom tower or any other tower erected on the surface or on top of any other open space of a building.

Notices under section 123D of the Delhi Municipal Corporation Act have been issued and sent to the companies asking them to appear before the assessing authority with relevant documents. In a statement, the South DMC has stated that the companies have not “filed any self-assessment property tax return or deposited appropriate property tax for the towers installed by them from time to time” as is required by the DMC Act and by-laws.
Apart from Airtel, MTNL, Vodafone and Reliance, the civic body has also issued notices to Aircel, Tata Indicom, Viom, Idea Cellular, Tower Vision, Global Group Enterprises and Indus Towers.

Source: http://cablequest.org/news/legal-news/item/659-tax-notices-to-telecom-companies.html
Source: http://cablequest.org/news/legal-news/item/659-tax-notices-to-telecom-companies.html

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