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Arbitration not best way to settle tax disputes: CBDT chief

Arbitration is not the best way to resolve tax disputes, CBDT Chairperson Anita Kapur said , stressing that the Indian legal system is fair enough to deal with taxation issues.

Will study Bombay HC order in Vodafone case: Adhia

The company, in a statement, welcomed the court verdict.

Vodafone tax dispute: Bombay HC rules in favour of the company

Vodafone tax dispute: Bombay HC rules in favour of the company

The case involves sale of Vodafone's call centre business to Hutchison in 2007.

HC judgment in Vodafone case will help Nokia: Pranab Mukherjee

Allaying investors fear, President Pranab Mukherjee on Tuesday said that the Bombay High Court verdict in the Vodafone taxation case, if prevails, will help Finnish phone manufacturer Nokia as also 26 others.

Vodafone wins Rs 3,200 crore transfer pricing case in HC

Vodafone is locked in a separate USD 2 billion dispute with the Government over its buying of Hong Kong-based Hutchison's stake in Hutchison-Essar.

Vodafone Price Transfer case: Bombay HC rules in favour of telecom firm

The court said that there was no taxable income arising out of the transaction. The amount of tax demanded by the authorities stood at Rs 3,200 crore in 2009-2010.

PIL in SC against arbitration on Vodafone on tax dispute case

The government's decision was in response to an arbitration notice served by Vodafone International Holdings B.V. In April under BIPA for resolving the dispute.

PIL filed in SC against Vodafone tax row

Recently, the government had appointed former Chief Justice of India R C Lahoti as arbitrator in the tax dispute case.

Vodafone case: Arun Jaitley recuses himself from decisions

Finance Minister Arun Jaitley is believed to have recused himself from matters pertaining to the Rs 20,000 crore Vodafone tax dispute and delegated decision making in this regard to his junior Minister Nirmala Sitharaman.

Finance ministry prioritising resolution of tax disputes: Ravi Shankar Prasad

The Finance Ministry has prioritised resolution of tax disputes involving telecoms companies, telecom minister Ravi Shankar Prasad said on Tuesday.

FinMin appoints RC Lahoti as arbitrator in Vodafone tax case

The Cabinet had approved the conciliation with Vodafone in June last year in a bid to resolve the capital gains tax dispute related to its 2007 acquisition of Hutchison Whampoa's stake in Hutchison Essar.

Govt promises stable tax regime for investors: Law Minister

On the Vodafone notice, Prasad said: "We will look into it. Our manifesto has been very specific that we want a stable regime where those who invest in India may not have to face uncertainty."

Conciliation offer to Vodafone stands withdrawn: FM

The government has decided to withdraw the offer of non-binding conciliation to Vodafone and defend its case in the international arbitration being planned by the UK telecom giant in the Rs 20,000 crore capital gains tax dispute, Finance Minister P Chidambaram said Thursday.

Vodafone conciliation talks fail; govt to withdraw offer

The Finance Ministry has floated a draft Cabinet note in this regard, sources said, adding the law ministry has backed termination of the conciliation proceedings with Vodafone.

Vodafone tax dispute: Govt to withdraw offer for conciliation

Government has decided to withdraw its conciliation proposal to sort out the tax dispute with the UK-based Vodafone.

No resolution to Vodafone tax dispute; DTC, GST still in limbo

Besides Vodafone, several other major MNCs like Nokia and Shell too were locked in tax dispute with the revenue department.

Vodafone tax case: Govt favours 'out-of-court' settlement

Telecom Minister Sibal, who took additional charge as Law Minister yesterday, revived the case by seeking a fresh opinion of Attorney General G E Vahanvati on the issue.

Govt to amend tax laws after resolving Vodafone dispute: FM

Finance Minister P Chidambaram on Saturday said the fiscal deficit for 2012-13 will be better than 5.2 percent as tax collection target of over Rs 10.38 lakh crore has been achieved.

Amicable solution to Vodafone case under consideration: FinMin

The Income Tax Department had issued a letter in January to Vodafone International Holdings BV (VIHBV) stating that the company is required to pay tax demand of Rs 112,17,94,68,800 along with interest.

Confident of resolving Vodafone issue within a month: FM

Finance Minister P Chidambaram has exuded confidence that the Rs 11,200 crore Vodafone tax dispute will be resolved within a month.