Wednesday 12 March 2008

Vodafone's Indian court case postponed

Vodafone's challenge to its $2 billion tax bill at the Bombay High Court has been postponed until 23rd June 2008. Vodafone pointed out that the relevant section of Indian law was currently being amended, with the changes applying retrospectively. The case has now been deferred until after the law is changed, giving Vodafone time to file an amended petition. [Source: Business-Standard.com]

No comments: