Supreme Court dismisses ₹244 crore service tax plea against Bharti Airtel
pre-market1 source ↓written by the desknot a recommendation
The Supreme Court has dismissed a ₹244 crore service tax appeal against Bharti Airtel regarding its Airtel Employees Services Scheme (AESS). The court upheld a January 2025 ruling from the Customs, Excise and Service Tax Appellate Tribunal, which had previously set aside the tax demand. This decision may bolster investor confidence in the telecom sector. 📞
• Tax appeal dismissed
• Scheme launched in 2004
• No interference with tribunal's order
The ruling could have positive implications for Bharti Airtel's financials moving forward.
Not investment advice. For informational purposes only.