Telesonic Networks, a subsidiary of Bharti Airtel, has been penalized for purported irregularities in claiming input tax credit during the financial year 2018-19. The penalty, amounting to Rs 2,19,873, was imposed by the office of the Assistant Commissioner of Commercial Taxes (Audit) in Bengaluru under the Central Goods and Services Tax Act. Bharti Airtel stated in a regulatory filing that it disagrees with the order and plans to take appropriate action.
Bharti Airtel Subsidiary Penalized for Alleged Tax Credit Irregularity
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