Advertisement

HindustanTimes Fri,01 Aug 2014

SC dismisses review plea in Vodafone tax case

Reuters  New Delhi, March 20, 2012
First Published: 17:02 IST(20/3/2012) | Last Updated: 18:31 IST(20/3/2012)

Supreme Court on Tuesday dismissed the tax office's plea seeking a review of the court's ruling in January that Vodafone Group Plc was not liable to pay any tax on its acquisition of mobile assets, a lawyer on the case said.

Vodafone won a five-year legal battle against the tax authorities in January as the country's top court dismissed $2.2 billion tax demand raised over the British mobile phone giant's acquisition of mobile assets in 2007.

The tax office in February filed a petition seeking a review of that judgment.


Advertisement
more from Business

Alibaba invests $120 million in Kabam in latest US deal

Alibaba Group Holding Ltd has invested $120 million in San Francisco-based mobile games studio Kabam, the latest in a string of US investments intended to build up the Chinese online retailer's presence in the world's biggest Internet arena.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved