<ul><li>Bharti Hexacom has received relief from the Rajasthan High Court in a tax dispute worth Rs 55 crore.</li><li>The tax demand against Bharti Hexacom included a principal tax amount of Rs 49.21 crore and a penalty amount of Rs 5.39 crore.</li><li>The order by the Rajasthan High Court was in favor of Bharti Hexacom, dismissing the appeal filed by the tax department.</li><li>Bharti Hexacom operates as a licensed operator of wireless and fixed-line services in Rajasthan and Northeast circles and is rated as a 'buy' stock with a target price of Rs 1,625 per share.</li></ul>

Bharti Hexacom Gets Relief From Rajasthan High Court In Rs 55 Crore Tax Dispute

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