Vodafone Wins ! Tax Dept Has No Jurisdiction to Tax Deals of Two Non Resident Companies For Shares Transactions Out Side India

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Vodafone wins ! Supreme Court of India has just  set aside a Bombay High Court judgement directing  Vodafone International Holding to pay income tax of Rs 11,000 crore on its buy transaction with Hutchison .Readers may recall that what had actually was the issue between Vodafone and Income Tax Department was explained in earlier post Complex issue of…

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