The Supreme Court yesterday adjourned the hearing in Vodafone’s appeal against the 8 September Bombay High Court order to 15 November, following a Rs 11,218 crore tax liability notice served by the income tax department on the telecom giant on Friday.

Vodafone has filed its appeal to the Supreme Court challenging last week’s Bombay High Court order that said the Indian tax authorities could charge Indian tax on its $11bn acquisition of Hutchison Essar in 2007 . Vodafone released a statement today saying that the company remained “convinced that t...

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 deliberat...

Yesterday’s Bombay High Court decision that the tax authorities are permitted to assess Vodafone for its Indian tax liability in its acquisition of Hutchison Whampoa in 2007, means that previous and future foreign investments into India would face legal uncertainty, according to tax and corporate lawyers.

The Bombay High Court has held that the Indian tax authorities were correct in assessing Vodafone for its Indian tax liability in the $11bn acquisition of Hutchison Essar.