Income Tax Refund to MTNL
Mahanagar Telephone Nigam Ltd has informed BSE that Income Tax Department has issued a refund order to MTNL in the matter of deduction under Section 80IA of the Income Tax Act, 1961 for the Assessment Year 2004-05.The total amount received from Income tax Department amounts to Rs. 152.46 Crores out of which Rs. 46.34 Crores has been received towards interest on refunds....02-07-2012