Reliance Jio gets tax relief as ITAT deletes ₹11,003 cr disallowance

•The Income Tax Appellate Tribunal (ITAT) deleted a ₹11,003-crore tax disallowance against Reliance Jio Infocomm for the assessment year 2019-20.

•The dispute centered on ₹11,003 crore in expenses that Jio claimed as revenue expenditure but the assessing officer treated as capital expenditure.

•The ITAT ruled that expenses linked to network improvement or optimisation do not automatically become capital expenditure, citing continuous optimisation needs in telecom infrastructure.