Government asked document from these companies regarding outstanding AGR

Feb 25 2020 05:16 PM
Government asked document from these companies regarding outstanding AGR

The government has sought documents related to self-assessment in AGR outstanding items from other telecom companies including Bharti Airtel, Vodafone Idea and Tata Teleservices. According to an official of the Department of Telecommunications (DoT), the government is trying to understand what is the basis for the assessment of adjusted gross revenue (AGR) outstanding liability of the telecom companies on their own basis. The official said that the government has sought relevant documents to establish the figures of their outstanding liabilities, including these three companies. At present, no time-limit has been placed before the companies for this.

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These documents are being sought from those companies, which have declared the arrears determined by the DoT to be incorrect and self-assessment correct. The department will not ask for any documents from the companies which are considering the calculation of DOT as correct. Whether the criterion is determined. Right now these documents have been sought from three companies only. Such documents will be sought from all the companies involved in AGR dues, including Internet Service Providers (ISPs).

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The official said that once the documents are received from all the companies, the government will assess their computation and authenticity in a time bound manner. Under this, telecom companies will assess the difference in AGR liability claims and government calculations for any one year. When the officer was asked what is the reason for the companies to ask for documents in support of self-assessment, they said that this is exactly the same as the Income Tax Department investigates income tax claims. According to the requirements, demands documents related to the taxpayer.

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