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Vodafone tax case News

Vodafone tax case

29 Jun 2016

Vodafone tax case: HC allows penalty proceedings to go on

Delhi High Court on Wednesday 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.

09 May 2016

Vodafone challenges special audit order: HC seeks IT reply

Delhi High Court today 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.

29 Mar 2016

Vodafone moves International Court of Justice over tax arbitration with India

British telecom giant Vodafone is believed to have moved the Hague-based International Court of Justice (ICJ) seeking appointment of a judge to preside over a arbitration over its Rs 14,200-crore tax case.

Ravi Shankar Prasad

22 Feb 2016

Govt trying to resolve Vodafone tax issue: Ravi Shankar Prasad

On February 4, the I-T department issued Vodafone a reminder over its Rs 14,200-crore tax demand and threatened to seize assets in the case of non-payment.

18 Feb 2016

Committed to India as long term investor: Vodafone

Days after reacting strongly to Income Tax Department's threat of seizing its assets if it did not pay up the disputed Rs 14,200 crore tax bill, Vodafone plc on Thursday said it remains committed as long-term investor in India and enjoys constructive relationship with government.

Retrospective tax law

02 Jan 2016

Retrospective tax law hurt India, scared away investors: FM Jaitley

Retrospective tax law has hurt the country as it scared away the investors, Finance Minister Arun Jaitley Saturday said and stressed on the need for maintaining the standards of fairness in taxation.

11 Oct 2015

Vodafone Group Chief Vittorio Colao to call on Arun Jaitley, PM Modi this week

Within days of getting a favourable verdict in the Rs 8,500 crore transfer pricing case from the Bombay High Court, Vodafone Group CEO Vittorio Colao will call on Finance Minister Arun Jaitley this week.

Vodafone tax case

08 Oct 2015

Antim Baazi: Bombay High Court's Big Decision on Vodafone

08 Oct 2015

Transfer pricing case: Bombay HC rules in favour of Vodafone, sets aside ITAT order

Transfer pricing involves related entities dealing at arm's length to ensure fair pricing of the asset that is transferred.

Vodafone Group Plc

09 Jul 2015

Vodafone tax case: Govt to soon appoint arbitrator

The government is close to appointing an arbitrator to replace R C Lahoti, who had declined to arbitrate on its behalf in the Rs 20,000 crore tax case with UK telecom major Vodafone.

20 Apr 2015

I-T issues fresh notice to Vodafone seeking returns reassessment

Tax authorities have issued a fresh notice to UK-based telecom giant Vodafone seeking reassessment of tax returns for two years.

12 Mar 2015

Vodafone tax case could have been handled differently: Prasad

As the government faces yet another arbitration over tax disputes, Telecom Minister Ravi Shankar Prasad Wednesday said the Vodafone tax issue could have been handled differently but emphasised that the whole taxing scenario in India should not start with and end with Vodafone.

02 Mar 2015

Complexities, spectrum cost make India a difficult place: Vittorio Colao

Complexities in India as also high cost of spectrum and taxes make the country a difficult place to do business, Vodafone Group CEO Vittorio Colao said Monday.

31 Jan 2015

Vodafone Group's board to meet today in Delhi

UK-based telecom giant Vodafone Group will hold a board meeting in the capital Saturday where it is likely to discuss topics ranging from review of its Indian business to provisioning of funds for the upcoming spectrum auction.

Vodafone tax case

29 Jan 2015

CBDT asks officials not to pursue Vodafone-type tax cases

The Tax Department on Thursday asked its field officers not to pursue transfer pricing cases similar to Vodafone's, a move being seen as a major relief to multinationals fighting such cases involving tax demands of thousands of crores of rupee.

28 Jan 2015

Vodafone says stable tax regime important

Welcoming the government's decision not to appeal against a court order in a transfer pricing case, UK-based telecom giant Vodafone today said stability in tax matters is important for investors.

28 Jan 2015

'Govt decision on Vodafone case will lift investor sentiment'

The government deciding not to appeal against a high court order in Vodafone case will help in correcting perception about tax department and lift the sentiment of global investors, industry said Wednesday.

29 Jan 2015

Govt not to challenge transfer pricing rulings in Vodafone, other cases

Wooing overseas investors, government Wednesday decided against challenging the Bombay High Court decision favouring Vodafone in the Rs 3,200 crore tax case and adopt a similar approach in transfer pricing litigations involving other MNCs like Shell.

26 Nov 2014

FICCI welcomes AG's stand on Vodafone transfer price case

Industry chamber FICCI Wednesday welcomed Attorney General Mukul Rohatgi asking the Income Tax Department not to file an appeal against the Bombay High Court judgement in the transfer pricing case of Vodafone.

26 Nov 2014

Vodafone tax case: AG advises I-T Dept not to appeal

Attorney General Mukul Rohatgi has asked the Income Tax Department to desist from filing appeal against the Bombay High Court ruling that Vodafone is not liable to pay an income tax demand of Rs 3,200 crore in a case relating to transfer pricing.

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