TAX DISPUTE

  • Finance Ministry appoints RC Lahoti as arbitrator in Vodafone tax case June 17, 2014

    New Delhi: The government has appointed former Chief Justice of India R C Lahoti as arbitrator in the Rs 20,000 crore tax dispute case with UK telecom major Vodafone. "Yes, he (Lahoti) has been appointed for arbitration from our side," a Finance Ministry official told PTI. The government's decision was in response...
  • Nokia factory freeze lifted, paves way for Microsoft deal December 12, 2013

    A court on Thursday accepted an appeal by Nokia to release its local factory after it was seized by authorities in a tax dispute, removing a hurdle to the sale of the company's mobile phone business to Microsoft. The plant in the southern city of Chennai is one of Nokia's biggest...
  • India to amend tax laws after resolving Vodafone dispute April 7, 2013

    New Delhi: The Indian government will introduce changes in the income tax laws once the dispute with Vodafone is resolved, Finance Minister P Chidambaram said on Saturday. "Amendments to the Income Tax Act is inevitable, that is absolutely necessary," Chidambaram told reporters adding that the government was waiting for a...
  • Cabinet to take call on Vodafone tax dispute: Chidambaram February 21, 2013

    New Delhi: Finance Minister P Chidambaram on Wednesday said the Union Cabinet will take a final call on settlement of the Rs 11,200crore Vodafone tax case after seeking opinion of the Attorney General. "As far as Vodafone is concerned, they had written to us proposing conciliation. We have written back saying...
  • No negotiations with Vodafone: Finance Ministry May 7, 2012

    New Delhi: Ruling out any negotiations with Vodafone in the Rs 11,000crore tax dispute case, the Finance Ministry on Monday said it would reply to the notice given by the British telecom major after passage of the Finance Bill by Parliament. "How can the government negotiate with Vodafone?" a top finance...
  • Vodafone hails Supreme Court judgement January 20, 2012

    New Delhi: UKbased Vodafone Group Plc, the parent company of Vodafone Essar, on Friday hailed Supreme Court's ruling to set aside the Bombay High Court judgement asking the company to pay income tax of Rs 11,000 crore. Vodafone which is the second largest telecom operator in India, said the judgement underpins...
  • Vodafone wins tax dispute, Govt to refund money January 20, 2012

    New Delhi: The Supreme Court on Friday pronounced its judgement on Vodafone International Holdings' appeal and said that the Indian tax authorities have no jurisdiction over transactions outside India. The Indian tax authorities will have to return Rs 2,500 crore to Vodafone. The Supreme Court ruled by a majority decision that...
  • SC judgement on Vodafone tax dispute today January 20, 2012

    New Delhi: The Supreme Court will on Friday pronounce its judgement on Vodafone International Holdings' appeal challenging the income tax demand of Rs 11,000 crore on the overseas deal between Vodafone and Hutchison. Vodafone had moved the apex court challenging the Bombay High Court judgement of September 8, 2010 which had...