Hutch Vodafone Deal

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  Vodafone tax conciliation decision due after transfer pricing case is settled

  Of the two pending cases against Vodafone, the government is waiting for the transfer pricing case to be resolved.

• Vodafone makes no provision for Hutch deal tax claim

  British telecom giant Vodafone has decided against making a provision in its balance sheet for the over Rs 11,000 tax claim made by Indian authorities for its 2007 deal to acquire stake in Hutchison-Essar.

• Vodafone tax case: Supreme Court dismisses Centre's review petition

  The Supreme Court's decision means Vodafone will not have to pay $2.2 billion in withholding tax; it will also cheer foreign investors who have been watching the case. The apex court had earlier in January also overruled the government’s claim of $2.2 billion in withholding tax on a $11.1 billion deal between Vodafone Group Plc and Hutchison Tele...

• Hutch deal is not taxable under present laws: Vodafone in SC

  Resuming its arguments against Rs 11,000-crore tax demand by the I-T Department, British  telecom giant Vodafone today contended before the Supreme Court that the present Indian income tax laws do not cover  gains from overseas transactions. Senior advocate Harish Salve appearing for Vodadfone submitted before the apex court that u...