India mobile services governing telecommunications company Vodafone from the Supreme Court on Friday found a large relief in 2007 top court and Vodafone international. Hutchison deal between over 11,000 crore rupees in Bombay High Court to pay the tax order dismissing gave discounts to Vodafone. Moreover the Court has been credited to the income tax department tentatively 2500 crores to return with four percent interest Order of the Supreme Court's decision also. future such shares may be exchanges deals Nazir.
Supreme Court Chief Justice presided over by three judges of sh kapadia bench said in his judgment in the case of foreign companies in the deal between foreign. therefore it is not in the jurisdiction of the Indian income tax department issue. three judges gave an opinion by Justice s Radhakrishnan decided, but the Chief Justice and justice were separate from the decision of the independent Kumar agree your order he also passed the order said. That set up two companies out of India [Vodafone and Hutchison] out of the deal of India Indian tax Department has nothing to do with their income tax Act, "[c] of the provisions of section 163 1 of Vodafone under ' no obligation.
That is why the Court Government its tax laws in this regard is also appropriate to change so that the conceptual contradiction of said. it would also not benefit investors and they will familiar with the rules of the High Court court order to dismiss. because, said Hutchison in India from 1994 and 2002-03 to 2010-11 to redeem your business between direct and indirect 20242 million Contributed by RS.
The Court asked the Court's interim order income tax Department of Vodafone were credited by the amount of 2,500 million rupees four percent interest with the company within two months. Moreover the Supreme Court was given by Vodafone 8500 crores within four weeks to bank guarantees to back.
Vodafone's side in a Abhishek Manu Singhvi, senior lawyers presented said "we are happy with the order of the Supreme Court overruled the intensity of the than filtered. Court-bean result and conclusion. whatever it is the Indian judicial system" for great victory.
The Supreme Court the decision of the Government's revenue collection. that is why soon after Finance Minister Pranab Mukherjee get judged, law Minister Salman Khurshid and discussed with senior officials. "said law Minister, later at the moment we just know that this unanimous decision is that the income-tax Department has against us is to study it.. We certainly Government important programs Revenue and the other thing is needed, the law of both areas in precision test us
Supreme Court Chief Justice presided over by three judges of sh kapadia bench said in his judgment in the case of foreign companies in the deal between foreign. therefore it is not in the jurisdiction of the Indian income tax department issue. three judges gave an opinion by Justice s Radhakrishnan decided, but the Chief Justice and justice were separate from the decision of the independent Kumar agree your order he also passed the order said. That set up two companies out of India [Vodafone and Hutchison] out of the deal of India Indian tax Department has nothing to do with their income tax Act, "[c] of the provisions of section 163 1 of Vodafone under ' no obligation.
That is why the Court Government its tax laws in this regard is also appropriate to change so that the conceptual contradiction of said. it would also not benefit investors and they will familiar with the rules of the High Court court order to dismiss. because, said Hutchison in India from 1994 and 2002-03 to 2010-11 to redeem your business between direct and indirect 20242 million Contributed by RS.
The Court asked the Court's interim order income tax Department of Vodafone were credited by the amount of 2,500 million rupees four percent interest with the company within two months. Moreover the Supreme Court was given by Vodafone 8500 crores within four weeks to bank guarantees to back.
Vodafone's side in a Abhishek Manu Singhvi, senior lawyers presented said "we are happy with the order of the Supreme Court overruled the intensity of the than filtered. Court-bean result and conclusion. whatever it is the Indian judicial system" for great victory.
The Supreme Court the decision of the Government's revenue collection. that is why soon after Finance Minister Pranab Mukherjee get judged, law Minister Salman Khurshid and discussed with senior officials. "said law Minister, later at the moment we just know that this unanimous decision is that the income-tax Department has against us is to study it.. We certainly Government important programs Revenue and the other thing is needed, the law of both areas in precision test us
