Supreme Court admits Tax department’s appeal against Vodafone

Supreme Court admits Tax department’s appeal against Vodafone

New Delhi: On Friday, 13th of May the honourable Supreme Court of India decided to admit the appeal which is filed by the Income- Tax Department against the decision of the High Court of Bombay. Moreover, the said High court had earlier decided to reject the demand of the Income- Tax department for raising tax on the deal of Vodafone with Hutchison on 8,500 crores of rupees deal. The decision of such admission of the appeal, is taken by the bench of the Apex Court, which was headed by the…

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