ICAI SEEKS RCOM DATA
The Institute of Chartered Accountants of India (ICAI) has sought details on reports of alleged discrepancies in the books of the Anil Dhirubhai Ambani Group’s flagship company, Reliance
Communications (RCom), to see if it needs to initiate any action against the telecom major’s auditor.
The Department of Telecom (DoT) has appointed independent auditor that scrutinized the accounts
of RCom had found that the telecom major has under-reported revenues of Rs. 2,799 crore to the
Government, resulting in under-payment of Rs. 315 crore as license fee and spectrum charges during 2006-08.
Communications (RCom), to see if it needs to initiate any action against the telecom major’s auditor.
The Department of Telecom (DoT) has appointed independent auditor that scrutinized the accounts
of RCom had found that the telecom major has under-reported revenues of Rs. 2,799 crore to the
Government, resulting in under-payment of Rs. 315 crore as license fee and spectrum charges during 2006-08.
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