Following yesterday’s Bombay High Court victory against Vodafone and Hutchison in their potentially $2bn tax bill appeal, the Income Tax Department’s acting chairman Sudhir Chandra told the Business Standard: “[Income Tax] Department’s position stands vindicated. It is a clear cut case of deliberate non-compliance to law on misplaced legal advice. This [Vodafone case] is a test case, we will look at similar cases. There are already some cases under investigation.

Full article at Business Standard.