Bombay High Court rules in favour of Vodafone in tax case
New Delhi, Oct 09 (ANI): The Bombay High Court has ruled in favour of Vodafone in one of a series of tax cases involving the British telecoms company in India, a decision seen as positive for several other firms fighting similar disputes. The court backed Vodafone's efforts to oppose a move by tax authorities to add 85 billion rupees to the taxable income of a unit, Vodafone India Services Pvt Ltd, which provided call centre services to some group companies. It had initially received a tax claim of about $600 million. Vodafone's treatment, seen by many investors as heavy-handed, had fuelled debate over India's unpredictable rules and regulations. The Bombay High Court had separately ruled in favour of the group last year in a transfer pricing tax dispute. Vodafone said in a statement that it welcomed the latest court ruling. It did not comment further.
