Bombay High Court rules in favour of Vodafone in TP share value controversy

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Bombay High Court rules in favour of Vodafone in TP share value controversy

Sophie Ashley
October 12 2014

The Bombay High Court (HC) has ruled in favour of Vodafone India in relation to a transfer pricing dispute between the company and the tax authorities about whether the transfer of shares between the company and a subsidiary in Mauritius constituted a transaction that gave rise to income tax.

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