AV Birla Group's Rs.2,400 Cr Tax Overhang
  • Prabha Hedge
  • Jan 14 2014

January 14: The Commissioner of Income Tax in charge of appeals has ruled against a plea filed by A.V. Birla Group’s entity Aditya Birla Telecom Limited. Remember in 2009, the Income Tax Department had slapped a Rs.2,400 crore tax demand on the group for the internal restructuring exercise. Bloomberg TV India’s Swati Khandelwal Jain shares a detailed report.