The Income Tax Department has slapped notice on Bharti Airtel for Rs. 1,067 crore towards its overseas operations for the last four years. The company denied that there is no due. But everybody very well knows that these private companies are avoiding payment of taxes and other dues on one pretext or other.
Already the private telecom companies have been imposed a penalty of Rs. 1,594 crore for underrating revenues and paying lower revenue share.