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Vodafone Tax News

25 Sep 2020

Vodafone wins retro tax fight against India; govt estimates Rs 75 cr liability

British telecom giant Vodafone Group plc on Friday won an arbitration against the Indian government over a demand for Rs 22,100 crore in taxes using retrospective legislation. An international arbitration tribunal ruled that India's demand in past taxes were in breach of fair treatment under a bilateral investment protection pact.

retrospective taxation

07 Apr 2016

No dichotomy between assurances and action on retrospective 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.

23 Mar 2016

Will file reply to IT dept show cause notice: Vodafone to HC

Vodafone on Wednesday told 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.

21 Mar 2016

No more extension to file reply on special audit notice would be granted: HC to Vodafone

The Delhi High Court on Monday asked Vodafone to reply to Income Tax Dept show cause notice by March 23.

01 Mar 2016

Tax demand on Vodafone, Cairn cannot be disputed: CBDT

CBDT Chairman Atulesh Jindal said "as long as" the retrospective amendment of the IT Act passed by Parliament remains valid, the "demand (of tax against them) remains valid."

17 Feb 2016

Aapka Bazaar: Rashesh Shah On Vodafone Tax Issue Of Paying Rs 14200 crore

16 Feb 2016

Notice to Vodafone part of routine process: CBDT official

After serving a Rs 14,200-crore tax demand reminder to Vodafone in a long-running dispute, the Income-Tax Department today sought to play down the notice saying it was "part of a normal process".

16 Feb 2016

Vodafone cries foul as India slaps tax reminder

Global telecom giant Vodafone has taken exception to the Indian tax department threatening to seize its assets if it fails to pay a disputed demand of over Rs 14,000 crore, which is still under international arbitration.

16 Feb 2016

Pay up Rs 14,200-cr tax dues or will seize assets: I-T dept to Vodafone

The British telecom major has disputed the tax demand over its acquisition of 67 percent stake in Hutchison, now called Vodafone India, arguing that no tax was due as the transaction was conducted offshore.

19 Apr 2015

Government issues fresh tax notice to Vodafone: Report

Vodafone has 30 days to respond to the fresh notice, the news channel`s report said.

11 Dec 2014

Tribunal upholds I-T stand on raising tax demand on Vodafone

In a fresh blow to Vodafone India, the Income Tax Appellate Tribunal has ruled that the tax authorities have the powers to raise a demand on the telecom major in the Rs 8,500 crore transfer-pricing dispute.

Central Board of Direct Taxes

13 Oct 2014

HC order on Vodafone transfer pricing being analysed: CBDT

The Central Board of Direct Taxes (CBDT) will give its views on the high court order on Vodafone transfer pricing case after studying the judgement, chairman K V Chowdary said Monday.

10 Oct 2014

Vodafone wins Rs 3,200 crore transfer pricing case in HC

Vodafone is locked in a separate USD 2 billion dispute with the Government over its buying of Hong Kong-based Hutchison's stake in Hutchison-Essar.

08 Jun 2014

Vodafone facing tax liability of over Rs 27,000 cr in India

Vodafone said that its Indian subsidiary had received a letter in January last year from the authorities reminding it of the tax demand of Rs 14,200 crore in relation to the dispute over acquisition of Hutchinson in 2007.

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