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Vodafone case: Government not to contest Bombay HC order

2015-01-28 21:11:47| Telecom - Topix.net

The government Wednesday decided not to contest a Bombay High Court ruling that telecom major Vodafone was not liable to pay tax demand of Rs.3,200 crore in a transfer pricing case, Communications and IT Minister Ravi Shankar Prasad said and hoped that the decision would boost foreign investors' sentiment. "The cabinet has decided not to move the Supreme Court in this regard.

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