Vodafone files new High Court plea in tax dispute

Vodafone filed a petition in the Bombay High Court against a new step by tax authorities that treats it as an “agent” of the seller in its $11-billion takeover of Hutchison Telecom in 2007, reports HT Correspondent.

Vodafone on Friday filed a petition in the Bombay High Court against a new step by tax authorities that treats it as an “agent” of the seller in its $11-billion (about R50,000 crore) takeover of Hutchison Telecom in 2007.

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The case will come up for hearing on October 27 — after the Supreme Court hearing on October 25.

Bombay HC had earlier dismissed a petition filed by the company and ruled that the tax office had jurisdiction to tax its 2007 deal.

The case relates to a deal in 2007 when Vodafone, through its group firm Vodafone International Holdings, bought Hutchison Telecommunications India’s stake in Hutchison Essar.