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RCom gets SC relief in Rs 4,800 crore tax case

I-T department had filed an SLP in the apex court against the telecom player.

Mumbai: The Anil Ambani-led Reliance Group today said the Supreme Court has quashed the Special Leave Petition (SLP) filed by the income tax department over Rs 4,800 crore contingent tax liability case against the group's telecom player — Reliance Communications.

The I-T department had filed the plea in the apex court in a case pertaining to Foreign Currency Convertible Bond.

Details awaited...

( Source : deccan chronicle )
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