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Business: Vodafone wins Rs.22k cr tax case in international arbitration

New Delhi: The UK-based Vodafone Group Plc has won an international arbitration against the Government of India’s retrospective tax demand of nearly Rs.22,100 crore (USD 2.7 billion). India can appeal against the ruling. The telecom major had approached the Permanent Court of Arbitration in The Hague, which ruled that the conduct of India’s Income Tax Department […]
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