
SC upholds HC ruling on enter tax credit score for telecom towers, ETCFO
New Delhi: The Supreme Courtroom on Friday upheld a Delhi Excessive Courtroom’s December ruling that favoured Bharti Airtel and Indus Tower, holding that telecom towers qualify as “movable” property and thus eligible for enter tax credit score (ITC) underneath the earnings tax legal guidelines. Reaffirming pre-GST place on cellular towers ceasing to be an ‘immovable…