Introduction of case vodafone india services p ltd. In this case, the court is concerned with the expression capital asset in the income tax law. Landmark supreme court verdict in the vodafone case. Nishith desai associates is special counsel to vodafone in the case described in the article, and the. Landmark cases questions for clat legal aptitude important cases questions for law exams pdf. Empanelment of concurrent auditors for corporation bank for 201920.
In this blog post, gayatrisagar chopra, a student pursuing her bls, llb 5h year from pravin gandhi college of law, mumbai and a diploma in entrepreneurship administration and. In this case vodafone had sufficient nexus and it had agreed to abide by the indian law. The recent sale of hutchison telecom internationals htil. A case study introducing how vodafones and sonitus systems joint iot solution enables customers to create a more harmonious environment. Retrospective taxation british institute of international and. This form of holding company was recognized in indian corporate and tax law. Firstly, by making its own infrastructure, opening braches across india, recruiting its workers and what not. Transfer pricing alert insight with information deloitte. All you wanted to know about the vodafone tax case. All you wanted to know about the vodafone tax case the. Caretech works across the uk, supporting people with disabilities and challenging. Vodafone india is the indian subsidiary of ukbased vodafone group plc and is a provider of telecommunications services in india with its operational head office in mumbai. The purpose of this case study is to understand the tax laws of india which are applicable to such kind of transactions.
Firstly, by making its own infrastructure, opening braches across india, recruiting its workers and what. This is to further inform the subscribers customers users that by clicking on the link, you will enter the website of a third party which is not owned, controlled or endorsed by vodafone india limited and its. The video production company never misses a call, in the office or on location, thanks to one net business. The vodafone hutchison case and its implications vccircle. Europe represents an enormous opportunity when it comes to the development of iot applications and. It is known fact that the most of the corporate entities are using the method of window.
Hel post acquisition named as vodafone india limited vodafone. Case study vodafone integrates web, email and mobile to. Vodafone wins transfer pricing tax dispute case the hindu. The muchawaited bombay high court judgement in the case of vodafones purchase of hutchisons erstwhile telecom business interest in india has been pronounced. A regulation 7172007 adopted on the basis of at 114 tfeu set maximum roaming charges payable by. A case study introducing how vodafone s and sonitus systems joint iot solution enables customers to create a more harmonious environment. This case was regarding the dispute between vodafone group and the income tax authorities on the fact that vodafone international holdings acquired entire share.
How doob has improved their business processes with alibaba cloud from vodafone. In a major relief to british telecom major vodafone in the transfer pricing case, the bombay high court on thursday ruled in its favour, setting aside a tax demand of rs. What exactly was the problem in the vodafonehutchison tax. The vodafone case and its effects on indian taxation article. This matter concerns a tax dispute involving the vodafone group with the indian tax authorities hereinafter referred to for short as the revenue, in relation to the acquisition by vodafone. Easy banking case study vodafone business solutions. Vodafone case solution,vodafone case analysis, vodafone case study solution, what was the strategic and economic rationale for mannesmanns acquisition of orange. The sc also held that the question of law to that extent shall remain open and vih shall have a right to approach the court. A new iot regulatory framework for europe vodafone. A goal of transfer pricing may be to maximize after tax revenue besides reduction in the total tax paid. Iot is a technology that plays to europes strengths as the worlds largest integrated market, with a sophisticated industrial.
Vodafone is liable to deduct tax at source and pay to the government of india. Vodafone in india case study guidelines issues of the case the main issues for this case are related to dispute between u. Get various legal case studies that law senate has compiled. All you need to know about vodafone tax case zee business. Case study background vodafone launched the uks first mobile phone network nearly three decades ago, going on to become one of the largest mobile operators in the world. Case c5808 r on the application of vodafone ltd v secretary of state for business 2010 facts. Is a wholly owned subsidiary of vodafone teleservices india holdings ltd. Hi friends here in this article you can find all details related to vodafone case like details of vodafone case. In the event, the budget 2012 proposal now signed into law stands and the government can proceed against vodafone in its vicarious capacity to pay tax on behalf of hutchison. Europe represents an enormous opportunity when it comes to the development of iot applications and services. The vodafone tax case throws an interesting question on the taxability of a non resident company acquiring shares of a resident company through an indirect route. The supreme court of india after hearing the matter for over two months, has delivered its much awaited landmark 275page decision, involving taxability of a transaction between two non. In our view, vodafone is liable to comply with indian tds provisions. The supreme court ruled in favour of vodafone in the twobilliondollar tax case citing that capital.
Home politics policy hc verdict in vodafone tax case on monday the delhi high court had reserved its judgement on 8 march after hearing the arguments put forth by the centre, vodafone group. Case c5808 vodafone 2010 case summary webstroke law. We hope that the mba case study on vodafone and idea. All you need to know about vodafone tax case sc will today hear the centres appeal against an order of the delhi high court that allowed arbitration in a tax dispute under the indiauk. Vodafone case and effect of amendments by finance act, 2012. Hi friends here in this article you can find all details related to vodafone case like details of vodafone case, details of tax authoritys contention, details for bombay high court decision, details for supreme courts decision etc. Implications of vodafone ruling the economic times. Vodafone company in england wanted to enter in indian market in 2007. On 09th january, 2018, the learned senior counsel for the parties stated that they did not wish to lead any evidence in the present case. All tax planning is not illegitimate and observed that the majority in mcdowell case held that tax planning is legitimate provided it is within the framework of law and colourable devices. As one of the largest providers of mobile communications, vodafones success is built on its interactions with more than 440 million customers across the world.
Case law vodafone case vs income tax department complete analysis. Capital gains, everyone else loses by prashant bhushan february 23, 20120 gives a wrong impression that the vodafone case has resulted in a loss of several thousands. If you are not set up to use vodafones einvoicing platform you must email the invoice to invoices. Vodafone plc is learning that when it comes to dogged persistence, its popular pug is not a patch on the indian taxman. Does the nonresident have sufficient nexus with india. Merger a merger involves the mutual decision of two companies to combine and become one entity.
The tax season just ended in india with the end of the year tax assessments on september 30 and many companies were busy with their filings. Pdf a goal of transfer pricing may be to maximize after tax revenue besides reduction in the total tax paid. Pdf transfer pricinga case study of vodafone researchgate. Vodafone tax case a case study for investments in india. Vodafone holding is ae associate enterprise of vodafone india for the purpose of transfer pricing provisions under chapter x of income tax act 1961. Vodafone d2 gmbh optimizing customer service using esker deliveryware a deciding factor in our decision was, for one thing, for the solution to meet our technical requirements. The case based on the experiences of vodafone in india, presents perspectives on international taxation and tax planning in multiple tax jurisdictions. Vodafone international holding vs union of india law senate. Vodafone case by amending the income tax act with retrospective effect, signifying that it. Explanations 4 and 5 to section 91i of the incometax act, 1961 indirect transfer provisions were introduced by way of the finance act, 2012 pursuant to the.
Find various cases solved by our lawyers who are expert in their practice areas and others controversial matters. In our view, vodafone is liable to comply with indian tds. Since vodafone is an instance of a lot importance from the perspective of corporate law, investment law, arbitration. The sc also held that the question of law to that extent shall remain open and vih shall have a right to approach the court directly in the event the ra assert jurisdiction. Landmark legal cases for clat landmark legal cases. Terms and conditions of purchase for suppliers to vodafone.
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