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| Exchange Disseminated Time | Mahanagar Telephone Nigam Ltd has informed BSE that Income Tax Department has issued a Refund order to MTNL in the case of MTNL Subscriber Deposit for the Assessment Year 2006-07.
The total amount of Refund receivable from Income tax Department amounts to Rs. 623.18 Crores, which includes interest on Refund amounting to Rs. 103.62 Crores.
From the said Refund an amount of Rs. 255.06 Crores has been adjusted against the Tax demand for the other Assessment Years and a net cheque amounting to Rs. 368.12 Crores has been received in MTNL on August 01, 2013. |
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