October 3, 2008

MAHANAGAR TELEPHONE: Contesting CIT India’s Tax Payment Demands

COMPANIES: Mahanagar Telephone Nigam Ltd
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Mahanagar Telephone Nigam Ltd. continues to contest the Central Income Tax Authority of India’s demand for payment of taxes on increased taxable income due to disallowed license fees.

The CIT had historically disallowed the license fee paid by the Company…

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LOCATIONS: Asia, Pacific Rim | India