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CBDT may not consider broadcasters' plea

21-March-2001
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CBDT may not consider broadcasters' plea

A group of broadcasters met officials of the Central Board of Direct Taxes (CBDT) on Monday in connection with the new income-tax norms announced for foreign telecasting companies (FTCs). As some of the leading broadcasters have to shell out much more in taxes now, they approached the CBDT to relax the rules. CBDT is not likely to consider the broadcasters' plea. Broadcasters met the CBDT officials following the Delhi High Court seeking details from the Centre about recovery of taxes from foreign TV companies.

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