Community | October 23, 2010 | 0 comments

Income Tax dept hands Vodafone $2.5bn bill

source: http://www.indiareport.com/India-usa-uk-news/latest-news/922283/Business/4/30/4

The Income Tax department on Friday slapped a tax demand of Rs 11,217.95 crore ($2.5 billion) on Vodafone International Holdings BV, treating it as a defaulter in the $11.07-billion deal to acquire Hutchison Telecommunication's stake in Hutchison Telecommunications India (HTIL) http://www.indiareport.com/India-usa-uk-news/latest-news/922283/Business/4/30/4
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