The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) has ruled that income from dividend, interest income on savings, capital gains, and gains from foreign exchange should not be part of cellular operators’ adjusted gross revenue (AGR) for payin

The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) has ruled that income from dividend, interest income on savings, capital gains, and gains from foreign exchange should not be part of cellular operators’ adjusted gross revenue (AGR) for paying revenue share or licence fees to the government. However, income from property rent, and sale or lease of telecom towers and dark fibre lines must be included in the AGR.