India not to appeal against Bombay High Court order; Vodafone welcomes govt move in tax case
The Narendra Modi government has decided not to appeal against a Bombay High Court ruling that Vodafone India is not liable to pay Rs 3,200 crores in additional tax in a transfer pricing case. "The Cabinet has decided not to appeal to the Supreme Court against the Bombay High Court order of October 2014. We examined the order, discussed it with A-G...and found that the Bombay HC order was correct.... Read More