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Tax authorities give Ncell seven days to pay Rs39 billion in dues
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Kathmandu, April 17 -- The Large Taxpayers Office on Tuesday set the capital gains tax for Ncell and Axiata at Rs62.63 billion and gave the company seven days to clear the dues.
The order from the tax office comes a week after the Supreme Court released the full text of its February verdict that Ncell and Axiata, the parent company of the private sector mobile firm, should pay capital gains tax.
In a press statement released on Tuesday, the tax authority said because Ncell had already paid Rs23.57 billion in total-Rs21.54 billion as capital gains tax and Rs2.02 billion as fine-the company should now pay the remaining Rs39.06 billion.
"We have already forwarded a letter asking Ncell to clear the dues within seven days," Dhani Ram Sharma...
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