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Bombay HC defers Vodafone tax hearing to 23 Nov

Bombay HC defers Vodafone tax hearing to 23 Nov
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First Published: Wed, Oct 27 2010. 11 34 AM IST
Updated: Wed, Oct 27 2010. 11 34 AM IST
Mumbai: The Bombay high court on Wednesday deferred to 23 November a hearing of Vodafone’s petition against a move by income tax department to treat it as an agent of the seller in its 2007 acquisition of Hutchison Whampoa’s mobile business in India, a spokesman for Vodafone said.
Vodafone had filed a writ with the Bombay high court on 15 October, saying the income tax department’s move to treat the company as an agent of the seller was an “unusual move”.
Vodafone, which has received a $2.5 billion tax bill over the purchase, has separately approached Supreme Court challenging a Bombay high court order the tax department has jurisdiction over cross-border deals.
The Supreme Court will hear that case on 15 November.
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First Published: Wed, Oct 27 2010. 11 34 AM IST