October 3, 2008

MAHANAGAR TELEPHONE: Contesting Disallowed Claim for Tax Holiday

COMPANIES: Mahanagar Telephone Nigam Ltd
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Mahanagar Telephone Nigam Ltd. is contesting assessments concerning its claim for a tax holiday at various levels of income tax appellate authorities, including the Income Tax Appellate Tribunal (ITAT).

The Income Tax authorities have historically disallowed the Company’s claim for…

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