Vodafone wins Rs 20K cr arbitration against India
Global telecom giant Vodafone has won a long-pending arbitration against India with the Permanent Court of Arbitration in Hague ruling that income tax authorities had violated provisions of the Bilateral Investment Treaty with the Netherlands by amending the law retrospectively to demand over Rs 20,000 crore in tax and penalties.
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Global telecom giant Vodafone has won a long-pending arbitration against India with the Permanent Court of Arbitration in Hague ruling that income tax authorities had violated provisions of the Bilateral Investment Treaty with the Netherlands by amending the law retrospectively to demand over Rs 20,000 crore in tax and penalties.
