Vodafone Income Tax
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Bombay High Cout Orders Tax Refund Of ₹1,128 Crore To Vodafone Idea
The Bombay High Court has directed the Income Tax department to refund Rs 1,128 crore to Vodafone Idea Limited paid by the telecom operator in taxes for the assessment year 2016-2017.
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Relief For Vodafone As Top Court Orders Centre To Refund 833 Crore
The Income Tax department has to refund taxes to the tune of 833 crore to Vodafone Idea, the Supreme Court maintained today in an order that brought relief to the cash-strapped telecom major which is already struggling to pay its AGR dues. Vodafone Idea has paid around Rs 7,854 crore of its AGR dues, it still owes Rs 50,399 crore to the government...
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Supreme Court Asks Income Tax Department To Refund Rs 733 Crore To Vodafone Idea
Vodafone Idea has claimed that the Income Tax department did not process their tax returns from 2014-15 to 2017-18.
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Taxman To Waive Interest If Demand Paid In Retro Cases
The Central Board of Direct Taxes (CBDT) on March 24 issued a circular for waiver of interest in disputed tax demand in different scenarios.
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Vodafone Tax Case: High Court Allows Penalty Proceedings To Go On
Delhi High Court allowed the income tax department to go ahead with its penalty proceedings against telecom major Vodafone, but asked the agency not to give effect to its final order till the next hearing in July.
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Vodafone Challenges Audit Order, Court Seeks Taxman's Reply
Delhi High Court on Monday sought the Income Tax department's response on Vodafone's plea challenging an order directing special audit of its accounts for assessment year 2012-13.
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No Dichotomy Between Assurances And Action On Retro Tax: Jayant Sinha
Dismissing notions of contradiction between ministerial assurances and departmental actions on retrospective taxation, Union Minister Jayant Sinha on Thursday said Income Tax department has to follow "due process of law" in the Rs 8,500-crore Vodafone transfer pricing case.
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Taxman to Challenge Court Verdict in Vodafone Transfer Pricing Case
The Income Tax Department on Wednesday said it will move the Supreme Court challenging the Bombay High Court's order in the Rs 8,500-crore Vodafone transfer pricing case.
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Will File Reply To IT Department Show Cause Notice: Vodafone Tells High Court
Vodafone today told the Delhi High Court that it will file a reply by Friday to the income tax department's show cause notice asking the company why its 2011-12 financial records should not be subjected to a special audit.
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Will File Reply To Taxman's Show Cause Notice, Vodafone Tells Court
Vodafone told Delhi High Court on Wednesday that it will file a reply by Friday to the income tax department's show cause notice asking the company why its 2011-12 financial records should not be subjected to a special audit.
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No Reply To Tax Notice Would Be At Own Risk: Court To Vodafone
In a subtle warning, Delhi High Court on Monday told Vodafone that it would be taking a risk if it did not file a reply to the IT department's show cause notice asking the company why its 2011-12 financial records not be subjected to a special audit.
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High Court Quashes Taxman's Notices To Vodafone, TTSL
The Delhi High Court today set aside notices issued by the Income Tax department to Vodafone Essar Mobile Services Ltd (VEMSL) and Tata Teleservices Ltd (TTSL) to initiate proceedings to declare them as TDS defaulters for assessment years 2003-04, 2004-05 and 2005-06.
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Trying to Resolve Vodafone Tax Issue, Says Government
Amid controversy over a tax reminder notice worth Rs 14,200 crore to Vodafone for an issue under arbitration, Telecom Minister Ravi Shankar Prasad on Monday said the government was trying to resolve the issue.
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Notice to Vodafone Part of Routine Process: Income Tax Department
After serving a Rs 14,200 crore tax demand reminder to Vodafone in a long-running dispute, the Income Tax Department on Tuesday sought to play down the notice saying it was "part of a normal process".
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Government to Study Bombay High Court Order in Vodafone Tax Case
In a big relief for telecom major Vodafone India, the court today set aside an order of Income Tax Appellate Tribunal (ITAT) which had ruled that the I-T Department had powers to raise tax demand on the company in a Rs 8,500-crore transfer pricing case.
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Bombay High Cout Orders Tax Refund Of ₹1,128 Crore To Vodafone Idea
The Bombay High Court has directed the Income Tax department to refund Rs 1,128 crore to Vodafone Idea Limited paid by the telecom operator in taxes for the assessment year 2016-2017.
-
Relief For Vodafone As Top Court Orders Centre To Refund 833 Crore
The Income Tax department has to refund taxes to the tune of 833 crore to Vodafone Idea, the Supreme Court maintained today in an order that brought relief to the cash-strapped telecom major which is already struggling to pay its AGR dues. Vodafone Idea has paid around Rs 7,854 crore of its AGR dues, it still owes Rs 50,399 crore to the government...
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Supreme Court Asks Income Tax Department To Refund Rs 733 Crore To Vodafone Idea
Vodafone Idea has claimed that the Income Tax department did not process their tax returns from 2014-15 to 2017-18.
-
Taxman To Waive Interest If Demand Paid In Retro Cases
The Central Board of Direct Taxes (CBDT) on March 24 issued a circular for waiver of interest in disputed tax demand in different scenarios.
-
Vodafone Tax Case: High Court Allows Penalty Proceedings To Go On
Delhi High Court allowed the income tax department to go ahead with its penalty proceedings against telecom major Vodafone, but asked the agency not to give effect to its final order till the next hearing in July.
-
Vodafone Challenges Audit Order, Court Seeks Taxman's Reply
Delhi High Court on Monday sought the Income Tax department's response on Vodafone's plea challenging an order directing special audit of its accounts for assessment year 2012-13.
-
No Dichotomy Between Assurances And Action On Retro Tax: Jayant Sinha
Dismissing notions of contradiction between ministerial assurances and departmental actions on retrospective taxation, Union Minister Jayant Sinha on Thursday said Income Tax department has to follow "due process of law" in the Rs 8,500-crore Vodafone transfer pricing case.
-
Taxman to Challenge Court Verdict in Vodafone Transfer Pricing Case
The Income Tax Department on Wednesday said it will move the Supreme Court challenging the Bombay High Court's order in the Rs 8,500-crore Vodafone transfer pricing case.
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Will File Reply To IT Department Show Cause Notice: Vodafone Tells High Court
Vodafone today told the Delhi High Court that it will file a reply by Friday to the income tax department's show cause notice asking the company why its 2011-12 financial records should not be subjected to a special audit.
-
Will File Reply To Taxman's Show Cause Notice, Vodafone Tells Court
Vodafone told Delhi High Court on Wednesday that it will file a reply by Friday to the income tax department's show cause notice asking the company why its 2011-12 financial records should not be subjected to a special audit.
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No Reply To Tax Notice Would Be At Own Risk: Court To Vodafone
In a subtle warning, Delhi High Court on Monday told Vodafone that it would be taking a risk if it did not file a reply to the IT department's show cause notice asking the company why its 2011-12 financial records not be subjected to a special audit.
-
High Court Quashes Taxman's Notices To Vodafone, TTSL
The Delhi High Court today set aside notices issued by the Income Tax department to Vodafone Essar Mobile Services Ltd (VEMSL) and Tata Teleservices Ltd (TTSL) to initiate proceedings to declare them as TDS defaulters for assessment years 2003-04, 2004-05 and 2005-06.
-
Trying to Resolve Vodafone Tax Issue, Says Government
Amid controversy over a tax reminder notice worth Rs 14,200 crore to Vodafone for an issue under arbitration, Telecom Minister Ravi Shankar Prasad on Monday said the government was trying to resolve the issue.
-
Notice to Vodafone Part of Routine Process: Income Tax Department
After serving a Rs 14,200 crore tax demand reminder to Vodafone in a long-running dispute, the Income Tax Department on Tuesday sought to play down the notice saying it was "part of a normal process".
-
Government to Study Bombay High Court Order in Vodafone Tax Case
In a big relief for telecom major Vodafone India, the court today set aside an order of Income Tax Appellate Tribunal (ITAT) which had ruled that the I-T Department had powers to raise tax demand on the company in a Rs 8,500-crore transfer pricing case.
