Telecom stocks mixed after SC allows to claim tax credits on infra duties

Telecom stocks– Bharti Airtel, Indus Towers, Vodafone Idea–traded mixed in morning deals on Thursday (November 21) after the Supreme Court (SC) ruled these companies can avail tax credits for duties paid on infrastructure like towers, parts, shelters, printers, and chairs, against the service tax they pay for providing cellular services.