Government has sent show-cause notices to 5 telecom firms including Reliance Communications and Tata Teleservices for alleged understatement of revenues of over Rs10,000 crore for financial years 2006-07 and 2007-08, Parliament was informed on Wednesday.
However, the issue has been stayed by the Kerala High Court, Telecom Disputes Settlement Appellate Tribunal (TDSAT) and Chennai High Court, Minister of State for Communications and IT Milind Deora said in a written reply to the lok Sabha."Special audit of five major private telecom group companies including the Vodafone group has been conducted for the financial years 2006-07 and 2007-08," Deora added.
The Government has sent show cause notices to Reliance for revenue under stated of Rs3,402.92 crore, Tata Teleservices (Rs 3,156.46 crore), Bharti Airtel (Rs1,927.50 crore), Vodafone (Rs1,490.94 crore) and Idea (Rs 848.87 crore), according to the reply.