DoT may conduct special audit of telcos for 2008 onwards

The licence conditions allows the department to conduct special audit of telecom operators whenever required

DoT may conduct special audit of telcos for 2008 onwards
Press Trust of India New Delhi
Last Updated : Oct 19 2015 | 6:47 PM IST
The Department of Telecom (DoT) may conduct special audit of telecom firms from 2008 onwards, although a final call on the matter is yet to be taken.

The licence conditions allows the department to conduct special audit of telecom operators whenever required.

"DoT is evaluating the option of auditing the accounts of telecom firms after 2008. It is a routine thing as per the licence conditions," a source in DoT said.

Also Read

The source added that a final call on the matter is not yet taken and there is no question on fixing the timelines.

The department had earlier conducted the audit for assessment years 2006 to 2008.

During that time, it had received complaints regarding some telecom companies under reporting their revenues.

This time, DoT has not received any complaint regarding any company. However, exact reason behind the move could not be ascertained.

Show cause notices to five private operators including Bharti Airtel, Vodafone, Idea Cellular, Reliance Communications and Tata Teleservices, amounting to about Rs 1,637 crore were issued for under reporting revenues a few years back.

The operators though challenged it in court. The matter currently is pending in court.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 19 2015 | 6:28 PM IST

Next Story