• Welcome to OnlyTech Forums
    An online community for the tech enthusiasts!
    Log in or Register

Vodafone wins international arbitration against India in 2 billion tax dispute case

rajib022

Pro
Member
Joined
26 Dec 2017
Messages
177
Reaction score
129
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.

"The award is confidential but Vodafone can confirm that the tribunal has found (it) in Vodafone's favour," Vodafone Group said in a statement. "We are studying the lengthy documents and can make no further comment at this time."

Vodafone Wins Arbitration against India in Rs 22,100 Crore Retrospective Tax Dispute Case

Vodafone wins international arbitration against India in $2 billion tax dispute case: Report - Times of India
 
Top Bottom