Breaking: Government interpretation on scope of "Adjusted Gross Revenue" to prevail, Supreme Court

Murali Krishnan October 24 2019
Adjusted Gross Revenue

In a blow to Telecom Operators in the country, the Supreme Court today agreed to the Department of Telecom's (DoT) interpretation of "Adjusted Gross Revenue". It, therefore, allowed the appeals filed by the DoT against TDSAT order and dismissed the appeals filed by Telecom operators.

A Bench of Justices Arun Mishra, S Abdul Nazeer, and MR Shah held that most of the revenues "except one or two" as pointed out by DoT will fall within the net of AGR.

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