Breaking: Government interpretation on scope of “Adjusted Gross Revenue” to prevail, Supreme Court

Breaking: Government interpretation on scope of “Adjusted Gross Revenue” to prevail, Supreme Court

In a blow to Telecom Operators in the country, the Supreme Court today agreed to the Department of Telecom’s (DoT) interpretation of “Adjusted Gross Revenue”. It, therefore, allowed the appeals filed by the DoT against TDSAT order and dismissed the appeals filed by Telecom operators.

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