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SC rules in favor of telcos, allows Cenvat credits on infrastructure duties

By Economic Times - 2 days ago
The Supreme Court gave a favorable decision for telecom companies. The court said that these companies can claim tax credits on telecom infrastructure. This includes things like towers and buildings. The decision could benefit companies like Bharti Airtel and Vodafone Idea. Experts believe this will encourage investment in the telecom sector.

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