India challenges Vodafone arbitration award in Singapore
India has challenged Vodafone arbitration award in Singapore on Dec 21; Centre recently discussed Vodafone tax dispute award at highest level, including with Prime Minister Narendra Modi
BusinessToday.In | December 24, 2020 | Updated 13:42 IST
Today was the last day to appeal against the arbitration award with regard to retrospective tax demand against Vodafone Plc
India has challenged verdict by an international arbitration court that ruled India s demand of Rs 22,100 crore in taxes from Vodafone using retrospective legislation was in breach of the guarantee of fair and equitable treatment in Singapore. British telecommunications company Vodafone Plc had won an arbitration case against India in September. Today was the last day to appeal against the arbitration award with regard to retrospective tax demand against Vodafone.