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Bombay HC defers Vodafone tax case hearing

Bombay HC defers Vodafone tax case hearing
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First Published: Tue, Feb 08 2011. 02 51 PM IST
Updated: Tue, Feb 08 2011. 02 51 PM IST
New Delhi: Bombay High Court on Tuesday deferred a hearing on Vodafone Plc’s dispute with the Indian tax office, a spokesman for Vodafone said.
The court has not specified a new date for further hearing.
Vodafone had filed a writ with the court last October, disputing the tax office move to treat it as an agent of the seller in its 2007 acquisition of Hutchison Whampoa’s mobile business in India.
Vodafone is contesting a $2.5 billion tax bill in India over the acquisition and had appealed to the Supreme Court challenging a lower court order that tax office had jurisdiction over tax bills in cross-border deals.
Vodafone’s appeal with the Supreme Court is scheduled to come up for hearing on 19 July.
In November, the Supreme Court asked Vodafone to deposit Rs2,500 billion crore ($552 million) and make a bank guarrantee worth Rs8,500 crore as an interim arrangement.
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First Published: Tue, Feb 08 2011. 02 51 PM IST
More Topics: Vodafone | Telecom | Bombay high court | Hearing | Tax |