Supreme Court to hear adjusted gross income case on Thursday

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The issue of Adjusted Gross Income (AGR) will be heard by the Supreme Court on June 11 (Thursday).

The hearing may include the government’s request that telecommunications companies be allowed to spread the payment of their dues over 20 years or less.

A bench led by Judge Arun Mishra will hear the case tomorrow.

Earlier in March, the Department of Telecommunications (DoT) approached the highest court, requesting approval of a formula allowing telecommunications service providers to make annual payments of unpaid or remaining AGR dues over the past 20 years. next few years or more.

The advocacy says that if telecommunications companies face proceedings under the Insolvency and Bankruptcy Code, it will have negative effects on competition and services in the telecommunications industry.

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First published: Wed 10 Jun 2020. 21:11 IST


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