NEW DELHI: Vodafone International Holdings, on Friday, said that the Indian
income tax department did not have the jurisdiction to tax its
$11.2-billion
acquisition of Hutch Essar. The company filed a detailed 1,800 page response to the show-cause notice issued by the Indian tax authorities in October 2009. “The authorised representatives of Vodafone International Holdings appeared before the assessing officer and submitted the company’s response to the show-cause notice,” a tax department official said.
The company’s submission also includes opinions from several international tax experts on the issue and 24 annexure. But, the company has filed only 23 annexure and sought six weeks’ time to submit the remaining one annexure.
More Info Vodafone refutes tax claim on Hutch deal- Telecom-News By Industry-News-The Economic Times
income tax department did not have the jurisdiction to tax its
$11.2-billion
acquisition of Hutch Essar. The company filed a detailed 1,800 page response to the show-cause notice issued by the Indian tax authorities in October 2009. “The authorised representatives of Vodafone International Holdings appeared before the assessing officer and submitted the company’s response to the show-cause notice,” a tax department official said.
The company’s submission also includes opinions from several international tax experts on the issue and 24 annexure. But, the company has filed only 23 annexure and sought six weeks’ time to submit the remaining one annexure.
More Info Vodafone refutes tax claim on Hutch deal- Telecom-News By Industry-News-The Economic Times
