Top Law News Supreme Court asks Vodafone to deposit Rs.2,500 crore November 15, 2010 by Legal India Admin | Leave a Comment The Supreme Court Monday directed telecom major Vodafone to deposit Rs.2,500 crore ($550 million) as part of a tax liability in the takeover of Hutch Essar group’s India operations. An apex court bench headed by Chief Justice S.H. Kapadia also said Vodafone has to provide a bank guarantee of Rs.8,500 crore to the government. The […] Read more » deposit Hutch Essar group’s Supreme Court Vodafone
Top Law News Supreme Court adjourns Vodafone plea on income tax order October 25, 2010 by Legal India Admin | Leave a Comment The Supreme Court Monday adjourned the hearing on a petition by Vodafone challenging an income tax department order asking the telecom giant to pay Rs.11,218 crore ($2.5 billion) tax. The matter will come up for hearing Nov 15. The apex court bench headed by Chief Justice S.H. Kapadia said they needed to read the income […] Read more » adjourns income tax order plea Supreme Court Vodafone
Top Law News Vodafone files petition against tax authorities move October 17, 2010 by Legal India Admin | Leave a Comment Vodafone International Holdings BV filed a writ petition in the Bombay high court on Friday seeking to insulate itself from the income-tax department’s attempt to explore a second route to tax the company’s 2007 deal with Hutchison Telecommunications International Ltd to buy the latter’s majority stake in Indian telecom company Hutchison Essar Ltd. At present, […] Read more » against files move petition tax authorities Vodafone