The Supreme Court of India adjourned hearing in the multi-billion tax case against Vodafone to November 15 after the Vodafone sought time to go through the 2.53-billion dollar tax notice sent by the Income Tax department.
The apex court bench headed by Chief Justice S.H. Kapadia said they needed to read the income tax order. It also asked Vodafone to file its reply to the order asking it to pay Rs.11,218 crore.
Senior advocate appearing for Vodafone, said that they have received the I.T department’s order fixing the liability of Rs 11,218 crore but did not get enough time to reply.
Vodafone maintains Indian law does not require it to deduct tax because the deal took place in the Cayman Islands and both buyer (UK based Vodafone) and seller (Hong Kong based Hutchison) were foreign.
More Articles...
You can bookmark this blog for further reading, or you can subscribe to our blog feed.
Search This Blog
Blog Archive
-
▼
2010
(267)
-
▼
October
(33)
- Will Obama' s India visit on November make any si...
- Our Site is Up Now and we are working on to avoid ...
- China has built World's fastest Super Computer ...
- Our Social News Site Tips - Direct Link feature
- Earn money from your blog/site
- Realtime stats for Google feedburner too...
- Guidelines for publishing Guest Posts in our blog
- Time Quotes
- Indian Supreme Court adjourns hearing on Vodafone ...
- Digg.com is going down....
- One more reason for avoiding use of vWorker.com
- IT department gives Vodafone 4 Weeks time to Pay $...
- Free Email Subscription for getting our blog posts...
- Quotes for You
- Participated in Tuticorin job fair to expand our T...
- Our products/website updates
- How to start using our online timesheet?
- Japan based NTT Data is planning to acquire US ba...
- Apple unveils thinnest laptop "MacBook Air" and a ...
- Obama is taking steps to encourage Technology know...
- Top 5 reasons for joining our affiliate program now
- Apple's Quarterly revenue crosses $20 Billion. Wi...
- Track your employees work hours and project hours
- The need for having development/programming knowl...
- Time Sheet pricing announcement.
- The reward for getting place in Top Scorer list
- Easy Learning updates
- Released our Time Sheet version 2.0 - Support for...
- Future of Internet Explorer (IE) whose market shar...
- Self-driving Cars from Google
- SEO Tool for analysing Inbound links.
- vWorker Review and Top 5 reasons for avoiding use ...
- 141st Birth Anniversary of Mahatma Gandhi
-
▼
October
(33)

AI Course | Bundle Offer | Unlocking AI | Dream Big | Listen to Dream Big
Today's Deals | Timesheet | Products | SQL ebook | Earn 50% commission
About | Privacy | Follow | TOS | WhatsApp | Contact
I may earn a commission from Amazon affiliate links
No comments:
Post a Comment