Idea Cellular gets tax demand, may challenge order

April 05, 2013 17:19 IST

Idea Cellular Ltd, India's third-largest cellular carrier by revenue, said the company and a unit had received tax demands from authorities over a restructuring exercise approved by courts more than three years ago.

Idea

did not disclose how much tax it was being asked to pay, but said it believed the demands were "unjustified and based on erroneous interpretation of current tax laws".

Idea said it was evaluating options including challenging the tax demand.

Get Rediff News in your Inbox:

Devidutta Tripathy in New Delhi

Source:

© Copyright 2025 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

More News Coverage

Idea Cellular Ltd India