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Mahanagar Telephone Nigam receives IT refunds

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Capital Market
Last Updated : Apr 03 2014 | 12:04 AM IST

Worth Rs 153 crore

Mahanagar Telephone Nigam has received Income Tax refunds from Income Tax Department for Assessment Year (AY) 2007-08 & 2009-10 which were earlier adjusted for the refund of AY 2006-07. The Company received Rs 111.56 crore for AY 2007-08 and Rs 41.72 crore for AY 2009-10, which includes Rs 4.29 crore and Rs 2.13 crore respectively for interest on refunds.

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First Published: Apr 02 2014 | 7:10 PM IST

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