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Home News News and Press Release Month 9 2010 2010 (9) This

Cross Boarder transactions are subject to tax in India - HC in Vodafone

10-9-2010
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The Bombay High Court has dismissed a petition filed by Vodafone International Holdings against the tax department, saying the transaction is chargeable to income tax and the department has the jurisdiction over cross-border mergers since the assets lies in India.

See Full text of judgment

Vodafone International Holdings B.V. Versus Union of India & others [2010 -TMI - 77365 - HIGH COURT OF BOMBAY]

 

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